Real Estate Valuations
Room-Rotterdam offers a real estate valuations. Valuations are now also part of our service. As the Rotterdam real estate specialist, we already offer expertise in the field of purchase, management,
rental and investment advice. As a certified appraiser, our highly experienced broker can quickly and thoroughly prepare a recognized valuation report for you.
When is an appraisal required?
Room-Rotterdam already offers many services as a broker in Rotterdam. We are now also a registered real estate appraiser. We already took the rental of homes out of the hands of the owners. In addition, we provide real estate management for investors and advise on transactions. When purchasing a house, a validated valuation report is required to obtain a mortgage.
This determines the value of real estate in an objective and independent manner. The amount of the mortgage does not only depend on income, but also on the value of the home. A maximum of 100% of the market value of a home may be financed with a mortgage.
If a renovation is planned, the valuation is necessary to request an increase in the mortgage.
NWWI valuation reports
The appraiser assesses the plans and the renovation costs. Specifically, all of the following aspects are taken into account when preparing a report:
Functional layout
Construction and the materials used and the quality
Insulation and energy efficiency
Obligations and rights, such as roadway and ground lease
Location and the environment
The zoning plan
Indication of the additional costs and risks in the field of sustainability
Recovery from maintenance backlog
Any foundation problems
Architectural defects of the house.
An appraisal report shows that a home is worth more so that the existing mortgage can be adjusted. The risk premium may be reduced. The report indicates whether the price of a home is realistic. Even when a house or apartment is purchased to rent out: a reliable and clear report is also required from a recognized appraiser.
Purchase for rental
Room-Rotterdam mainly focuses on the purchase of homes for rental. We mainly do this for a growing number of investors.
Because Room-Rotterdam masters various disciplines, we can provide investors with very specific information about the potential of an apartment. Our rental agents provide daily recordings and viewings and know the rental market to the farthest corners of the city. A short consultation is enough to determine the return on a possible purchase.
Although the appraiser may not be your purchasing agent or the seller’s broker, the presence of an appraiser at our office offers many direct benefits to our customers. There is even more knowledge about the Rotterdam housing market and the network is also being expanded.
But of course anyone can request a valuation report. Room-Rotterdam is allowed to carry out valuations in the greater Rotterdam area. Mail to info@weenawonen.nl to schedule an appointment.