Member of Taxatie Vereniging Curacao (TVC)

Appraisal costs

                                                                                          
Value-letter for selling / for buying

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Appraisal for financing / insurance / divorce / death

  • Market value

  • Construction value

  • Execution value 

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Lease value

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Experience
We have made appraisals for over 15 years for private use as well commercial use for almost local banks, Central Bank and The Government.

Countries / Islands: St Martin, Aruba, Bonair and Curacao

 

Information about Appraisals

Among the execution value and rebuilding value, a real estate appraisal helps to establish a property's market value - the likely sales price it would bring if offered in an open and competitive real estate market.

 

Selling or buying

If you are in the market for selling or buying real estate property you most probably want to know if the price is reasonable. Selling your property while the competition is more reasonably priced won't do you any good. As a buyer you most certainly don't want to pay too much. Our objective appraisals will help you making the right decision, whether you're selling or buying.

 

Bank or lender

A bank or lender will require an appraisal when you ask to use a home or other real estate as security for a loan, because it wants to make sure that the property will sell for at least the amount of money it is lending. An appraisal is the only valuation report a bank will consider when deciding whether or not to lend the money.

 

Insurance

When buying a house you need to insure it for example against fire or storms. Therefore your insurer needs to know the rebuilding value of the property.

 

Divorce or death

In the event of divorce or death an appraisal is inevitable to come to a fair division between the parties involved.

 

What you'll see on an appraisal report from Curacao Exclusive Real Estate:

Appraisals are detailed reports, but here are a few things they include.

  • Details about the subject property

  • Statements about issues the appraiser feels are harmful to the property's value, such as poor access to the property, leakages or termites etc.

  • Notations about seriously flawed characteristics

  • What type of area the home is in (a development, stand alone, etc.)

  • Pictures

Curacao Exclusive Real Estate is here to help determine a realistic price for whatever purpose you might need it.