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Desktop Appraisal

Real Estate Appraiser in The Philippines conducting a desktop appraisal.

Desktop Appraisal

What is Desktop Appraisal?

A desktop appraisal is an affordable option of real estate appraisal service where the appraiser assesses the value of a property without physically inspecting it. Instead, the valuation is based on existing data, such as property documents, title, tax declaration, building plans,  photographs, maps, and other relevant information.

 

 

What Are The Benefits of Desktop Appraisal?

 

 

The importance of desktop appraisal services to our clients lies in our ability to provide efficient and cost-effective property valuation solutions. Here are several key benefits:

 

Convenience: Desktop appraisals eliminate the need for physical property inspections, saving clients time and effort, especially for properties located in remote or inaccessible areas.

 

Cost-Effectiveness: Desktop appraisals typically incur lower costs compared to traditional Market Value Appraisal that involve on-site inspections, making them an attractive option for clients seeking affordable valuation solutions.

 

Timeliness: Desktop appraisals can be completed more quickly than traditional appraisals, allowing clients to obtain property valuations in a shorter timeframe, which can be crucial for time-sensitive transactions or decision-making processes.

 

Accessibility: Clients can avail of desktop appraisal services regardless of their location, as long as they have access to the necessary property documents and information, enabling broader access to professional valuation services.

 

Flexibility: Desktop appraisals offer flexibility in scheduling and execution, as they are not constrained by factors such as weather conditions or property accessibility, providing clients with greater convenience and flexibility in obtaining property valuations.

 

Why Choose Ringor Appraisal?

Our mission at Ringor Appraisal has always been to help property owners/ stakeholders provide accurate and unbiased property valuations to facilitate fair transactions in the Philippine real estate market.

 

Our desktop appraisal services offer our clients a convenient, cost-effective, and timely means of obtaining reliable property valuations, contributing to informed decision-making and facilitating various real estate transactions and endeavors

frequently asked questions

How accurate are Desktop Appraisals compared to traditional on-site/ Market Value Appraisals?

Desktop appraisals can be highly accurate when conducted by experienced appraisers using reliable data and appropriate valuation methodologies. While they may not provide the same level of detail as on-site inspections, they can still offer reliable estimates of property values based on thorough analysis.

Clients typically need to provide property documents such as titles, deeds, tax declarations, recent photographs, and any relevant market information or comparable property data to facilitate the desktop appraisal process.

The turnaround time for a desktop appraisal report can vary depending on factors such as the complexity of the property, the availability of data, and the appraiser's workload. However, clients can generally expect to receive the report within a reasonable timeframe, typically ranging from 3 to 5 business days.

Yes, desktop appraisals are commonly accepted by banks and financial institutions in the Philippines for mortgage financing purposes, provided that they meet the institution's requirements and standards for property valuation.

Yes, upon completion of the appraisal, you will receive a comprehensive appraisal report outlining the property's market value assessment. The report includes detailed information on the property's characteristics, valuation methodologies employed, comparable sales data, and our expert analysis.