{"id":130038,"date":"2023-04-24T09:42:19","date_gmt":"2023-04-24T07:42:19","guid":{"rendered":"https:\/\/gesvalt.es\/?p=130038"},"modified":"2025-12-10T09:12:45","modified_gmt":"2025-12-10T09:12:45","slug":"mortgage-collateral-valuations","status":"publish","type":"post","link":"https:\/\/gesvalt.es\/en\/blog\/valoraciones-garantia-hipotecaria\/","title":{"rendered":"Everything you need to know about collateralised valuations"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Whether you are buying, refinancing or selling a property, valuation is an important part of the financing process.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the case of the valuation of a property that is collateral for a mortgage loan, the financial institution needs to know the value of the property that is collateral for the loan in order to assess the risk it is assuming in the transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Thus, the value of the appraisal is only intended to serve as collateral for the loan and is independent of the amount of the future sale and purchase transaction, as well as any taxes that may be levied on the transaction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a><\/a>What do valuers look for?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There are many factors that affect the value of a home. Some of the elements that an appraiser is likely to review include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The general state<\/li>\n\n\n\n<li>Location<\/li>\n\n\n\n<li>Size of the property<\/li>\n\n\n\n<li>Security features<\/li>\n\n\n\n<li>Electrical and plumbing systems<\/li>\n\n\n\n<li>Property updates<\/li>\n\n\n\n<li>Nearby services (schools, supermarkets, metro, medical services, green spaces...)<\/li>\n\n\n\n<li>Qualities of the property<\/li>\n\n\n\n<li>Indoor and outdoor installations<\/li>\n\n\n\n<li>Aspects linked to sustainability:\n<ul class=\"wp-block-list\">\n<li>Energy efficiency<\/li>\n\n\n\n<li>Construction with low environmental impact materials<\/li>\n\n\n\n<li>Good public transport connections<\/li>\n\n\n\n<li>Efficient lighting <\/li>\n\n\n\n<li>Provision of electric vehicle charging systems <\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">On this last point linked to sustainability, any energy efficiency factor that is positive and attractive for better marketing or better maintenance could implicitly affect the value of the asset and can be taken into account by the valuator.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a><\/a>Documentation required for collateralised valuations<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>In all properties<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">1. Registration certificate or Nota Simple Registral with a maximum of three months of validity or Title Deed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2. Document with descriptive and graphic cadastral information on the property obtained from the virtual land registry office, less than three months old.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Leased properties<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">1. Lease agreement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2. Last receipt paid.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Real estate projects<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">1. Project approved by the corresponding professional association.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2. C\u00e9dula urban\u00edstica or urban planning document (plan and regulations) that accredits the use of the land.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Properties under construction<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">1. Project approved by the corresponding professional association.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2. Building Permit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3. Last Certification*.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">4. Contract for the execution of works and contract budget*.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Building subject to official protection<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">1. Final qualification certificate.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Property linked to economic exploitation<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">1. Accounting documentation for the last two financial years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2. If under design or construction, economic viability analysis for the first three years of operation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Rural properties<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">1.Documentation justifying risk entitlements.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Commercial Premises in a residential building in Horizontal Division<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">1. Statutes of the community to which it belongs*.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Land<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">1. C\u00e9dula urban\u00edstica or urban planning document (plans and regulations) that accredits the use of the land.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>*Document required, but not compulsory.<\/em><\/strong> <strong><em>Without it, the appraisal is issued with a warning.<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a><\/a>Who is the appraisal with mortgage guarantee aimed at?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Primarily, the two parties to the sale and purchase transaction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the one hand, we have the agents applying for the mortgage credit, who can be both natural and legal persons (i.e. individuals and companies).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the other hand, financial institutions, either to use them as a measure for the loan amount or to review and update the collateral they already hold as loan coverage.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Gesvalt has more than 25 years of experience<\/strong> in property valuations and works with the main financial institutions. Our technical appraisal team has specific training in real estate valuation and appraisal and is subject to a system of incompatibilities that guarantees its independence.<\/p>\n\n\n\n<div class=\"row\">\n<div class=\"col-md-6 offset-md-3\"><button id=\"toggle-right4\" class=\"btn btn-default3\">I WANT ADVICE<\/button><\/div>\n<\/div>\n&nbsp;","protected":false},"excerpt":{"rendered":"<p>We explain everything you need to know about collateralised valuation and how it works so you know what to expect from this process. <\/p>","protected":false},"author":1,"featured_media":130046,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5,52],"tags":[116],"class_list":["post-130038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-particulares","category-valoracion","tag-tasacion-hipotecaria"],"acf":[],"_links":{"self":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts\/130038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/comments?post=130038"}],"version-history":[{"count":1,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts\/130038\/revisions"}],"predecessor-version":[{"id":192923,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/posts\/130038\/revisions\/192923"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/media\/130046"}],"wp:attachment":[{"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/media?parent=130038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/categories?post=130038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gesvalt.es\/en\/wp-json\/wp\/v2\/tags?post=130038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}