Real estate appraisal refers to the set of procedures that define the specifications of the real estate and the surrounding environment to assess the fair and actual value of the real estate either in the present day or in the future.
There are two types of real estate appraisals; the first one is value appraisal for sale, lease or purchase purposes, while the other is intended for identifying the governmental fees on transactions.
Appraisal process is conducted by certified professionals, brokers, investors, and owners. Otherwise, appraisal for identifying the governmental fees is conducted by officials from the Land Authority.
How Do We Help You in Real Estate Appraisal?
- The company provides you with initial information on the costs of real estate in general and on the area where the desired real estate is located.
- The company prepares an inclusive assessment and appraisal report of the real estate from engineering/architectural, technical and legal aspects, in addition to the viability of the surrounded area economically and socially.
- The company prepares a report containing all the aspects and requirements that could be realized to optimize the price of the real estate intended for lease, sale or purchase.