Need a quote or have questions regarding property appraisal? Feel free to contact us or request an estimate for your property.

Get In Touch

Call Now (Viber/Whatsapp)

+63 (948) 313 5211

Office Address

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

  • Home |
  • Procurement Appraisals

Procurement Appraisals

bank loan appraisal philippines

Procurement Appraisals

When governments or corporations acquire properties, professional procurement appraisals are essential to establish fair market value and ensure transparent transactions. These valuations protect both buyers and sellers by providing objective, defensible assessments that meet regulatory requirements. Whether for public infrastructure projects, corporate acquisitions, or bulk property purchases, procurement appraisals prevent disputes and facilitate smooth transactions.

Government Procurement Appraisal

  • Provides official valuation of properties needed for roads, schools, and other public infrastructure projects.

  • Guarantees landowners receive appropriate compensation based on current market conditions and legal standards.

  • Mandated by law to maintain transparency and accountability in all government real estate transactions.

Corporate Acquisition Appraisal

  • Thoroughly evaluates all real estate assets involved in business mergers or takeovers.

  • Delivers precise valuation data that impacts stock prices, shareholder equity, and deal structuring.

  • Serves as critical documentation for SEC filings, tax purposes, and negotiation strategies.

Due Diligence Appraisal

  • Conducts comprehensive inspections of physical property conditions and legal status before purchase.

  • Uncovers hidden defects, zoning issues, or environmental concerns that affect property value.

  • Provides investors with risk assessment crucial for finalizing purchase agreements and financing terms.

Bulk Purchase Appraisal

  • Performs simultaneous valuation of multiple properties within an investment portfolio.

  • Analyzes collective worth and identifies underperforming assets for portfolio optimization.

  • Enables REITs and institutional investors to make data-driven acquisition or divestment decisions.

Privatization Appraisal

  • Determines fair market value of government-owned properties being transferred to private entities.

  • Balances public interest with market realities to prevent underselling of state assets.

  • Required by privatization laws to ensure proper bidding processes and prevent corruption.

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.

 

Knowing the fair market value in the Philippines is crucial for making informed decisions in real estate transactions, ensuring fairness, transparency, and accurate pricing.

frequently asked questions

What factors do you consider when determining the market value of a property ?

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.