An
appraisal is an objective valuation of the immovable property. This
is mostly done because of an application for a mortgage loan. Based
on the appraisal report the financier can determine whether or not
it is responsible to grant a loan with the purchased object as collateral.
Moreover, the appraisal report is often used when deciding on a
purchase or a sale.
Some reasons for an appraisal are:
When purchasing:
o Indication of sales price
o Mortgage loans
o Appraisal of new construction
o Replacement value (building insurance)
When making a sale:
o Indication of sale price
o Receiving a bid
When leasing:
o The rental value
Mortgage:
o Issuing of the mortgage
o Renewal of a mortgage under different conditions
o Rebuilding/second mortgage
Miscellaneous:
o Assessment inheritance tax (at decease)
o Partition of an estate (divorce)
o Amicable settlement (appraisal with tax office)
o Registered tax in connection with ground tax
o Splitting up of immovable propert
o Donations
o Company shut-down
o Balance sheet valuation
ABC also evaluates specific industrial immovable property and objects
such as:
- office
buildings
- conference centers
- museums and exhibition hall
- shops and shopping centers
- distributions and production
- buildings
- hospitals, nursing homes and
homes
for the elderly
- school and university buildings
- department stores and supermarkets
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- showrooms and garages
- sales outlets of motor fuel
- housing developments and locations
- auction halls and garden centers
- sport centers, marinas and golf courses
- land developments an/or
- re-developments
- hotels
- recreation parks
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