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[Brief Summary Appraisal Report] |
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In this service we will submit our value opinion in a Form/Brief-Narrative Appraisal Report. |
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We recommend this type of service to clients who are familiar with the current market in Japan.
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(Documentation Requirements)
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Please prepare following documents.
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(e.g. Office Building)
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1.
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Documents to identify the subject property. (copy) |
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2.
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Property tax notice. (copy) |
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3.
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Building drawings. (copy) |
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4.
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Confirmation of construction of the building. (copy) |
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5.
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Lease agreements (copy) |
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6.
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Long-term repair schedule, or Engineering Report. (copy) |
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7.
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Purchase contract. (copy) |
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8.
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Other data & documents (copy) |
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-- Any additional data, if needed. |
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[Examination of new condominium prices]
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This service is for a financial institution which offers housing mortgages in concert with a developer of a newly built condominium.
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We will examine the listing prices of new condominium units for collateral assessment, so that the financial institutions can quickly answer for the loan applications.
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Usually, their prices are appropriate level.
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| But sometimes, sellers intentionally offer high-price-list externally,
and discount them internally. |
| Or, since sometimes prices are a little high, so sale do not proceed smoothly,
sellers have to lower the prices after the start of the sale. |
| In these cases, banks tend to lend excess money. |
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(Documentation Requirements)
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Please prepare following documents.
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1.
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Pamphlet and price list of the condominium. |
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2.
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Data of the "start date of the sale" and the "present number
of unsold units". |
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In case the developer sold the condominium to another developer, |
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(bankruptcy, etc.): |
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Copy of the land registry book, and copy of the contract between developers.
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