TAXATIONS
The question of property value can be important in many cases. For example, when buying and selling a property, financing, insurance, WOZ value or in case of an inheritance. With the help of an appraisal, you get a realistic assessment and insight into the current value of your real estate portfolio. This gives you the opportunity to make an informed strategy in real estate. It is important that an appraisal report is prepared by a certified appraiser because the consequences of an incorrect portfolio valuation are enormous.
When do you need an appraisal?
Wagenhof Real Estate appraises all types of commercial real estate. It is often the case that an agency requests an appraisal. Below are a few examples of situations where an appraisal is required:
- The bank asks for an appraisal
There is a mortgage on your property. When applying or periodically, the bank will want to know the value of the (sub)property. However, banks set high standards for appraisers. Wagenhof Taxaties is accredited for almost all banks and financial institutions. Leading banks judged that our valuation office meets the highest quality requirements. We may therefore perform appraisals for, among others:
- Your accountant asks for an appraisal
For business owners, it can be important to understand the current market value of real estate for a variety of tax purposes. For example, for the balance sheet, the tax authorities, or for acquisitions and mergers. Wagenhof Real Estate can do this valuation for you.
- Tax authorities ask for an appraisal
Sometimes a commercial real estate transaction between family members, affiliated companies, reinvestments, or when you want to check the value under the Valuation of Immovable Property Act. In all these cases, an appraisal report of your commercial property can ensure that you will not be confronted with any surprises afterwards.
- You want a rental value appraisal
There are a number of situations imaginable that it is necessary to determine rental value:
- When entering into a new lease.
When you are about to re-let or rent a property, you need a realistic estimate of market rent.
- In a rent review.
Sometimes there is a legal basis for a rent adjustment
- When renewing a lease
Sometimes contracts give the possibility to adjust the rent in the interim. This often requires an expert report.
Wagenhof advises on appraisals
Wagenhof Real Estate's appraisers have years of experience. You can use their expertise to research and advise on a variety of real estate issues, also known as Due Diligence. An appraisal report can be the best tool you have in your hands to anticipate important issues in advance. A qualified appraiser has specific expertise that sets him or her apart. When purchasing an investment property, you prefer to know everything you need to know in order to make an informed decision. Or by using a registered appraiser in the preliminary stages of project development, for example, you can get tailored advice that will help you be sure of your investment.
Types of Due Diligence
- In a buying or selling decision. By clearly visualizing all relevant aspects that influence the buying or selling decision, we can substantiate the choice for you.
- Contracts: drafting or modifying.
- Arbitration: in conflicts or disputes (sometimes there is a difference of opinion about the interpretation of a contract or a difference about the value valuation). In that case, there may be two appraisers who both give their own value. This sometimes requires an arbitrator. Wagenhof Appraisals can be the independent third party to help resolve your problem.
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