{"id":9363,"date":"2018-06-28T15:23:46","date_gmt":"2018-06-28T20:23:46","guid":{"rendered":"https:\/\/quadranslawandfinance.com\/?p=9363"},"modified":"2019-04-24T14:26:37","modified_gmt":"2019-04-24T19:26:37","slug":"appraisal-purchase-sale-real-estate","status":"publish","type":"post","link":"https:\/\/quadranslawandfinance.com\/en\/blog\/appraisal-purchase-sale-real-estate\/","title":{"rendered":"What is an appraisal in the purchase-sale of real estate?"},"content":{"rendered":"<h1 style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>What is an appraisal in the purchase-sale of real estate?<\/strong><\/span><\/h1>\n<p><span style=\"color: #000000;\">To be able to inform anyone about the value of a property at the time of wanting to sell or buy an appraisal must be made, this will allow us to determine the real price of a property and not have an erroneous price.<\/span><\/p>\n<h2><span style=\"color: #000000;\">The characteristics<\/span><\/h2>\n<p><span style=\"color: #000000;\">&#8211; Investigation<\/span><\/p>\n<p><span style=\"color: #000000;\">&#8211; Market analysis<\/span><\/p>\n<p><span style=\"color: #000000;\">&#8211; Urban conditions<\/span><\/p>\n<p><span style=\"color: #000000;\">&#8211; Physical conditions of the property<\/span><\/p>\n<h2><span style=\"color: #000000;\">Benefits of making an appraisal<\/span><\/h2>\n<p><span style=\"color: #000000;\">&#8211; A detailed and accurate estimate of the value of a piece of furniture or property is obtained, and it is carried out by an impartial professional.<\/span><\/p>\n<p><span style=\"color: #000000;\">&#8211; The process is practical and technical which determines the real price of a property according to the physical conditions it has.<\/span><\/p>\n<h2><span style=\"color: #000000;\">Guarantees of the appraisals<\/span><\/h2>\n<p><span style=\"color: #000000;\">&#8211; They are legal and give attestation.<\/span><\/p>\n<p><span style=\"color: #000000;\">&#8211; They are accepted in any financial entity and in state entities.<\/span><\/p>\n<p><span style=\"color: #000000;\">When a purchase process is carried out, the interested parties always rely on an appraisal, since this makes the negotiation process easier and helps us to make better decisions regarding tax payments.<\/span><\/p>\n<h3 style=\"text-align: center;\"><span style=\"color: #000000;\"><a style=\"background: url('http:\/\/twitter.antoniorull.com\/img\/tuit.png') right top no-repeat rgba(0, 152, 209, 0.1); padding-right: 15px; color: #000000;\" href=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Fquadranslawandfinance.com&amp;text=To%20ask%20for%20a%20mortgage%20or%20to%20sell%20a%20property%2C%20it%20is%20important%20to%20know%20the%20real%20value%20of%20the%20property. \" target=\"_blank\" rel=\"noopener noreferrer\">To ask for a mortgage or to sell a property, it is important to know the real value of the property.<\/a><\/span><\/h3>\n<ul>\n<li>\n<h2><span style=\"color: #000000;\">Types of appraisals<\/span><\/h2>\n<\/li>\n<\/ul>\n<p><span style=\"color: #000000;\">-Commercial: it helps to know the price you can charge for your house when you sell it or when you want to buy a property.<\/span><\/p>\n<p><span style=\"color: #000000;\">-Financial: at the time of acquiring a property you will need to write it, and for that you need this type of appraisal.<\/span><\/p>\n<p><span style=\"color: #000000;\">-Cadastral: the Government uses it to determine how much property tax will be charged in the year for a property.<\/span><\/p>\n<p><span style=\"color: #000000;\">-Bank related (Mortgage Guarantee): this appraisal is for people or companies that wish to request a loan with financial institutions.<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">Requirements<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\">-Copy of the property payment.<\/span><\/p>\n<p><span style=\"color: #000000;\">-Copy of the scriptures.<\/span><\/p>\n<p><span style=\"color: #000000;\">-Scale map of the property (in case of not having it, a visit is made.)<\/span><\/p>\n<p><span style=\"color: #000000;\">-Photographic report.<\/span><\/p>\n<p><span style=\"color: #000000;\">The price is calculated based on the square meters of construction, or a plot of land based on the value of the home.<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">Any improvement that has been added is considered.<\/span><\/li>\n<li><span style=\"color: #000000;\">Any loss of value caused by the depreciation of the improvements is subtracted.<\/span><\/li>\n<li><span style=\"color: #000000;\">The estimated value of the land is added based on a similar real estate sale analysis.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\">The delivery of the appraisal depends on the degree of difficulty of the property, that is, the characteristics, location, built meters, free meters and other additional information; so an appraisal takes approximately 3 business days.<\/span><\/p>\n<p><span style=\"color: #000000;\">The person who sells the property is the one who must contact a valuation institution and pay the appraisal; In addition to carrying out all the corresponding procedures and coordinating the visit to be carried out.<\/span><\/p>\n<p><span style=\"color: #000000;\">Remember that to choose an appraiser you must resort to an institution with experience, and in Quadrans we have professional appraisers who can guide you in the practical and simple aspects, as well as in the legal and legal aspects that are presented within the appraisals.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #000000;\">Legal and Accounting Consulting in Playa del Carmen<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is an appraisal in the purchase-sale of real estate? To be able to inform anyone about the value of a property at the time of wanting to sell or buy an appraisal must be made, this will allow us to determine the real price of a property and not have an erroneous price. The [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":8883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-9363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is an appraisal in the purchase-sale of real estate? - QuAdrans law and finance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/quadranslawandfinance.com\/en\/blog\/appraisal-purchase-sale-real-estate\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"What is an appraisal in the purchase-sale of real estate? - QuAdrans law and finance\" \/>\n<meta name=\"twitter:description\" content=\"What is an appraisal in the purchase-sale of real estate? To be able to inform anyone about the value of a property at the time of wanting to sell or buy an appraisal must be made, this will allow us to determine the real price of a property and not have an erroneous price. 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