Method of cost of real estate valuation
Valuation is a method set by certain foundations to determine the fair price in order to purchase a property such as an apartment, land or villa. It is usually done in accordance with the real estate valuation controls and foundations that are determined by the Saudi Real Estate Valuation Authority.
A price assessment or other valuation is required by banks or individuals to sell or mortgage them on request, and a specialist in real estate pricing is called a real estate resident.
When does the real estate valuation start?
Before buying a property, you must start looking for a real estate valuation company and a certified real estate evaluator in order to evaluate this property. The valuation is used so that the market value of the property can be determined to guarantee the mortgage loan.
There are many ways in which the property can be valued, and therefore the professional real estate resident to whom this task will be entrusted must be selected.
