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Tag: property


expensive property

By hiring a professional property valuation company to assess your properties, you get an accurate information on the fair price of your property. Determining the value of a property depends on many factors like structure, location, the number of years your property was built and other significant factors. It is a highly technical job which should be done periodically for the following reasons.

house for saleWhen You Plan to Sell Your Property

You don’t want to be shortchanged in a transaction that involves the sale of your property. By knowing the fair price of your property, you can set a buying price that will give you profit from the transaction. It is necessary that you get the realistic price for your property which is the essential purpose of hiring professional property valuers.

To Pay the Right Taxes

Honest taxpayers pay their taxes according to the real value of their assets. Property valuation is thus important to compute the exact taxable amount of your properties. So you won’t be paying more taxes than you should, an annual valuation of your property is recommended.

For owners of large properties such as commercial buildings, a periodic valuation of their properties is advantageous on their part as taxpayers because annual depreciation of their properties is taken into consideration in the computation of their yearly property tax.

commercial buildingsFor Securing Funding

Financial Lending Institutions such as banks and other lending agencies which may be government or private companies require collaterals. The properties used as collaterals are mandated to have the latest valuation report from a licensed property valuation company. Banks grant loans on the basis of the value of the collateral that is presented.

For Property Insurance

By having an insurance policy for your property, you will get reimbursement in cases when your property is subjected to damage which can be caused by fire, flood, earthquake or other natural and man-made disasters. The amount of reimbursement will depend on the policy you acquired, the value of your property, the extent of damage, and other factors.

As Basis for Future Decisions

A complete analysis of all investments made by a company can only be derived through reliable and updated reports such as evaluation of the company’s properties in order to have an efficient business planning and to support future endeavors.

Knowing the real value of your properties will enable you to make informed decisions regarding your assets which is the real essence of property valuation.…


Hiring a reliable real estate professional can greatly help you when buying or selling your property. Some people believe that they can complete their real estate transaction with the input of these professionals. This can be very risky at times this can be very risky, especially for first-time buyers. An agent is one of the valuable resources that can help you in saving money and time. Buyers and sellers can get reputable agents from letting firms. The following are the main benefits that you can get from the services of a real estate expert.

They Know the Process Better

paper work

The process of selling or buying a property does not end with accepting an offer. There are many appraisals and inspections among other processes that should be done. This includes the paperwork work. These professionals are conversant with these, and they are always ready to guide their clients through them. Working with real estate agents will make the whole process much easier and quicker for you.

They Have Excellent Negotiation Skills

The expert hired will guide through the entire process once you have received an offer. He/she can also help you in understanding how to handle the available offers and negotiating with low offers. An agent can negotiate with a buyer/seller over a fast closing date, waived contingencies and inspection results. This will, in turn, help you in saving money and time along the way.

They Understand Prices

Agents have a better understanding of the housing market than the common people. They can help you in finding a house at a fairly competitive price. They can keep the sellers from underselling their houses or being cheated out of their home’s true value. In addition to this, an expert can help in avoiding low interests that might result from homes that have higher listings than their actual value.

They Help Sellers in Staging Their Properties

house for sale

These are people who have worked with different buyers. They can tell you what to do to make your property more attractive to buyers. They will also help you in fixing issues that might turn off buyers. They can also give you an insight into the current trends in the real estate market. It is, therefore, important to hire an experienced agent instead of hiring a stager.

Generating Exposure

The expert hired can help you in listing your property and promoting it to buyers. Homes that are listed with buyers receive higher ranks and showings. This is attributed to the agent’s professional expertise and connections.

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