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Manila: 5th Floor, Regus - Adriatico Square, M. Adriatico St., corner Gen. Malvar St., Malate, Manila, Philippines / Tarlac: B63 L25 Cristo Rey, Capas, Tarlac, Philippines 2315
Whether purchasing or selling property, you need our unbiased valuations to make informed financial decisions. Without professional appraisals, you risk overpaying as a buyer or underselling as a property owner. Our reports provide the market insights required for successful, profitable real estate transactions.
Pre-Purchase Appraisal: We provide objective valuations before property acquisition to ensure you pay fair market value. Our thorough analysis examines comparable sales and market conditions to protect you from overpaying. This service is especially critical when buying foreclosures or unique properties where valuation is challenging.
Pre-Listing Appraisal: We help sellers establish competitive, realistic asking prices based on current market data. Our comprehensive reports justify your listing price to potential buyers and their lenders. Without our professional valuation, you risk prolonged market time or leaving money on the table during negotiations.
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.
Knowing the fair market value in the Philippines is crucial for making informed decisions in real estate transactions, ensuring fairness, transparency, and accurate pricing.
When determining market value, we consider various factors including the property's location, size, condition, comparable sales in the area, current market trends, and any unique features that may affect its value.
The appraisal process duration varies depending on the property's complexity and availability of data. Typically, it takes 3 to 5 business days from the date of inspection/ valuation. Steps include property inspection, data analysis, market research, valuation methods application, and appraisal report generation.
Market value is the price a willing buyer and seller would agree upon in an open market, whereas zonal value is the value assigned to a property by the local government for tax purposes specifically by Bureau of Internal Revenue (BIR). While market value is influenced by market dynamics, zonal value is determined by the government based on a fixed formula.
Yes, our appraisal reports adhere to the standards set by the Philippine Valuation Standards (PVS), International Valuation Standards (IVS), Uniform Standards of Professional Appraisal Practice (USPAP) and comply with the guidelines established by the Professional Regulatory Board of Real Estate Service (PRBRES) under Professional Regulation Commission (PRC) to ensure accuracy, reliability, and regulatory compliance.
The validity period of the appraisal report is six (6) months from the date of inspection/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.
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