TO AVOID RISKS WHEN INVESTMENT NEEDS APPROVAL OF REAL ESTATE PRICE

TO AVOID RISKS WHEN INVESTMENT NEEDS APPROVAL OF REAL ESTATE PRICE
In recent times, land prices in the suburbs of Ho Chi Minh City have continuously increased. Whether the land price increases is due to its true value or just the virtual values ​​that many people have exaggerated. And will land prices continue to grow and be hot in the next few years? If you are still wondering about the above, the following article from INA will help you consolidate your valuation knowledge as well as your investment decision. 

1) Price comparison:
If the land is being sold at a higher interest rate than bank deposits and this is a stable price, investors can check the law and buy immediately without hesitation.
Besides, when buying coastal land, if still not assured, investors can value through the comparison of similar real estate prices.
This method is quite simple, easy to implement and especially for people with knowledge, experience and often grasp information about the market. This method reflects the objective evaluation of the market, so it is easily accepted and used by people.
A small note for newly invested real estate investors is that prices should be compared based on specific data recorded themselves while researching market information. Specifically, investors should record the indicators of area, location, selling price / m2, the number of plots sold, the direction of the land as well as key utilities and constructions around the plot, avoiding In case the investor does not remember exactly which potential land plot when one day there are too many coastal land products are introduced.
2) Based on the value of real estate use: whether the cash flow conversion ability is flexible or not. Real estate is a special and important commodity, so it has a high value, profits are also great but it involves many procedures, so the decision to buy and sell is not as fast as other goods, so ability to convert into cash less flexible. In many cases, sometimes the owner of a property is relatively large, its value for money is high, but in an emergency it is impossible to cut a piece for sale and get cash immediately but it must last, sometimes giving up. Missed so many opportunities. Therefore, when buying a piece of land, investors must consider carefully the ability to convert flexible cash flow.
In addition, in case the State invests in the construction of convenient infrastructure facilities around the project, it will increase the use value of real estate in the area. Investors should immediately buy those potential projects. If the area you are about to purchase has just undergone infrastructure improvements or other public utility highlights or other utility facilities, the value can increase to around 6 to 8 times.
One of the key elements in the valuation is based on the value of real estate use.
3) Valuation from experienced stock of prestigious real estate exchanges
Valuing market experience of professional real estate exchanges and having many reputable years in the segment of the same type of real estate. A professional broker will update you with the same land price annually, quickly and accurately.
4) Need to find a reputable appraisal company to appraise real estate
Indochina Investment & Appraisal Company (INA) is a valuation company, INA has appraised real estate prices for many customers in major cities across the country, INA has actually occupied trusted by fastidious customers, ensuring the purpose of customer valuation.

Indochina International Investment & Appraisal Joint Stock Company (INA)

• Address: 121 Nguyen Van Troi, Ward 12, Phu Nhuan District, Ho Chi Minh City
• Hotline: 0934 252 707 / Email: info@inavn.vn