Real Estate Appraisals For The Purposes Of Credit And Financial

Appraisal of Real Estate for financial and credit purposes: use of Real Estate for mortgage; Valuation for Real Estate insurance policies.

For banks, the valuation of mortgaged real estate has an important meaning, which is the basis for making decisions on lending, investment, capital contribution and financing to projects, contributing to limiting bad debt. and credit risk. However, at commercial banks today, this work is still weak due to lack of information from the market, staff lack of initiative and creativity... leading to inaccurate mortgage real estate valuation. As a result, the loan level determination is not correct.

Banks can base on the characteristics of each Real Estate and the advantages and limitations of each valuation method to choose an appropriate valuation method. Branches can combine methods of comparison, income, expense, etc. The information obtained from one method is the input of another method.

In case of valuation of unused Real Estate, it is only necessary to apply the comparison method with the price of similar Real Estate exchanged on the market; or Real estate is relatively complicated, the bank can ask for the help of some companies specializing in valuation to increase the accuracy of appraisal results.

In case of valuing used construction properties, the comparative method should be combined with the cost method to determine the valuation value. For large-scale or technically complex works, it is advisable to combine with specialized units such as design, construction, inspection, cadastral ... to have professional results as a basis. for pricing.

In some cases, banks need the support of experts in different fields to be able to add the most reasonable value to real estate, avoiding the case of undervaluation or overvaluation. higher than the market price.

For real estate appraisal for financial and credit purposes, banks should hire independent appraisal companies to avoid price risk. Indochina International Appraisal & Investment Company (INA) with more than many years of experience with a nationwide system of branches and transaction offices, we are proud to be a professional operating and service provider. Best in the field of Appraisal.

TO DETERMINATE THE VALUE OF REAL ESTATE ONLINE QUICKLY PLEASE VIEW HERE: https://dinhgiatructuyen.com.vn/