Loan Purposes
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Valuations for
Loan Purposes
A Cyprus valuation report prepared by a chartered surveyor for loan purposes, such as for securing a mortgage or a loan against property, typically includes several key components to accurately and professionally assess the value of the property. Here’s what such a report generally contains:
Executive Summary, Introduction, Property Details, Legal Considerations, Valuation Methodology, Market Analysis and Conditions, Site Visit and Inspection, Comparative Data, Valuation Calculations, Photographs and Maps, Limitations and Assumptions, Conclusion and Final Valuation, Surveyor’s Credentials and Signature
This report is critical for lenders as it helps in assessing the risk associated with the loan.
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