Real estate appraisal – service, requiring an expert to have experience and competent knowledge. Possession of these qualities allows employees real estate office issue opinions on the real value of assets at the request of individuals and enterprises.
The book value of an object does not always correspond to its market price. The task of the evaluator is, to methodically take into account all the nuances and correctly calculate the real value of real estate on the market. Information is required for the smooth performance of the following operations.
1. Conclusion of transactions in the real estate market
Purchase and sale of apartments, lease of office space, garage exchange and other typical operations in the real estate market of the Odessa region involve carrying out appraisal activities.
2. Arrangement of a collateral loan
When a mansion or store is used as collateral in a bank, the employees of the financial institution will require the borrower to provide information on the market price of the property.
3. Participation in litigation
Litigation, concerning property disputes, division of real estate between spouses, are launched into office work if there are conclusions from an expert.
4. Signing a marriage contract
Avoiding disagreements when drafting the text of the marriage contract will allow accurate possession of information about the price of the property available to the newlyweds.
5. Insured events
The service is used when calculating insurance payments, laid in the event of a fire or flooding of a building.
Contribution to the authorized capital of a building or structure, privatization of state housing, mortgage registration, determination of tax payments, acceptance of inheritance – these actions also imply the presence in the hands of an opinion from an expert appraiser.
Expert-provided act isn't just for homeowners. The document is of interest to investors, developers, contractors and lenders. Cooperating with realtors, customers expect an accurate independent result in the issued opinion. Clients have access to other benefits.:
Realtors carry out their daily work, relying on solid experience and proficiency in methodology. They adhere to the following sequence:
To give the expert an idea of the purpose of the assessment, the specifics and features of the object in question, he meets with the customer and discusses general issues.
This is followed by painstaking work with documents.. The appraiser analyzes the provided securities, and selects an examination scheme, applying a comparative, costly and profitable method of calculating the value of real estate.
When the analytical work is completed, the specialist compares data in various categories and prepares a report. Having sealed and signed the document, the appraiser issues an examination to the customer within the agreed period.
The received report contains information of the following nature:
The results are entered into the Unified Assessment Database. Otherwise, the document has no legal force and is considered invalid.
Before the start of interaction, the parties draw up an agreement, which covers all aspects of further cooperation. The customer will be required to provide a package of documents, including a passport, certificate of ownership of an object, as well as technical passport. The text of the agreement contains information about the time and date of the visit to the assessed object, defining a comparative base, fixed service price.
The assessment can be carried out by specialists with a standard certificate, who are given access to the state property database. In their work, they are guided by the assessment methodology approved by the Cabinet of Ministers, designed to exclude corruption and abuse. It contains many parameters and recommendations..
Guided by the requirements of the law, experts take into account all the nuances when evaluating apartments and houses, land plots, shops and offices. They analyze the location of the object, age of the building, prospects of the region and other aspects, to act as objectively as possible.
During the first two years after the start of the large-scale invasion, the real estate market in Ukraine experienced temporary stagnation, however, he quickly began to adapt to the current circumstances, forming new priority areas.
With the beginning of a full-scale invasion 24 February 2022
in 2023 about a year 50% apartments, acquired
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