Real estate valuation is a point that is mandatory for the acquisition of an apartment / house on credit. And since there are more and more cases of mortgage lending every day, this means that the demand for valuation companies is growing inexorably. Moreover, the state obliges to fulfill such a requirement. Thus, it wants to protect the interests of financial institutions as much as possible.
Naturally, Sberbank is no exception to presenting such a requirement to its borrowers. What will be needed to perform the appraisal work and which companies you can contact to obtain such a service will be discussed later.
Valuation of real estate for a mortgage in Sberbank: the need
Many borrowers, issuing a mortgage, are perplexed why the bank puts forward such a demand. The main reason for this is the desire to protect themselves as much as possible in case the client is unable to pay credit payments. For example, citizen A decided to buy an apartment on credit, chose the option, turned to the bank. The lender agreed to a mortgage for this facility, issued money to the seller. After some time, due to the circumstances, the borrower cannot close the loan debt. As a result, the bank needs to realize mortgage housing, and pay off the "grief-client" payments with the proceeds.
And what should the lender do if he discovers that he can sell the apartment only at a price that is much lower than the amount of the borrowed funds? In this case, the financial institution remains in the red. If such situations are not one or two, but several hundred, then the bankruptcy of the organization is not far off. As you can see, real estate valuation for a mortgage in Sberbank or any other credit institution is just a way to protect the lender from financial risks.
Assessment Stages
Carrying out such work is a simple matter for the borrower. All that he will need to do initially is to prepare the required documents, a certain amount for payment for the services of the appraisal company, and directly contact the organization itself. Further, everything will go in this order:
- Signing a contract for the evaluation services. This document should contain complete information about the deadlines and cost of work, details of the parties, the purpose of the event, the address of the property being valued and other important points.
- Advance payment.
- Waiting for the completion of assessment work.
- Getting the finished report.
- His surrender to the creditor.
As mentioned above, the valuation of real estate for a mortgage in Sberbank ends with the receipt by the client of a report on the work done. This document will contain photographs of the apartment / house and the surrounding area, information about the condition of the house and the age of construction, the presence of nearby socially significant objects (hospitals, kindergartens, schools, shops, pharmacies, public transport stops, etc.), property value .
Required documents
As a rule, all appraisal companies request the same type of documents from their clients. He is like this:
- passport of a citizen of the Russian Federation;
- documents confirming ownership of real estate;
- passport of the home itself: cadastral and technical.
The list is not so large, therefore, problems with its collection should not arise. But you should not forget to make photocopies of all the listed papers. It should be noted that in some cases, the appraisal company may request the submission of another list of documents. But this only happens in exceptional cases.
In order not to be mistaken in choosing a company that provides such a service as real estate valuation for Sberbank mortgages, you should pay attention only to those appraisers who are accredited to them. So which company does Sberbank allow you to contact?
Real estate assessment by mortgage: list of organizations
The Bank allows you to evaluate real estate only in a certain list of companies. This is done in order to minimize fraudulent acts and save from all sorts of risks. So, Sberbank allows you to use valuation services in the following organizations. Keep in mind that for each region there is a list, below are the most popular institutions in Moscow that evaluate real estate for mortgages in Sberbank. Reviews on them in most cases are positive.
So:
- LLC City Valuation Company;
- LLC KO-INVEST;
- LLC FBK;
- EsArGi - Mortgage Center LLC;
- LLC "Spetsotsenka" and others.