family house

How is a home valued?

How is a home valued?

The reasons why the valuation of a homeĀ is necessary are varied: knowing the price for its sale, liquidations of community of property, inheritances, requests for mortgage loans, refinancing or other loans in which the property serves as collateral, etc. Although in a few cases it is not mandatory to resort to certified or authorized professionals, the truth is that, without their presence in theĀ appraisal process, the margin of error grows considerably and can cause serious economic losses to the owners. The fact of valuing something implies carrying out an appraisal To value the price of movable and immovable property it…
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