Plan visits to direct visit

I Valuation property, we must Planning/ Plan visits to direct visit. This article is a connection from or related to the “Key point to get property value”

This The process of assessment based on the sequence of instructions (sequences). Schedule can be based on the assessment scale based on the priority attention or special treatment to the client after communicated to the Marketing Division and approved by the Director of Engineering can be arranged as follows:

Priority I : Especially for clients who have the Exposure or the value of cooperation with a relatively large company or valuer will have a broad impact, such as government agencies and others. Clients also include that has not been working with the company Valuer, as related to the preparation of a database on the historical marker Company.

Priority II : Especially for clients who have a relatively small Exposure (retail is), and does not affect large. Included therein is also the Client to re-assessment, because the company still saves the Valuer database tools.

Determining the value of cooperation that will differentiate the company's work priorities are determined by the valuer agreed between the Division of Marketing and Director of Engineering.

Approach Work in process consists of four types namely: Interview; Use of Research Results from the secondary data, in the form of information from advertisements, newspapers, and other ; Visits to related institutions ; Field visits (direct observation).

Preparation of questions in interviews to be done by each evaluator before implementation is done.
Terms of persons who are a source of data in the assessment process include:
Persons can be responsible and clear opinion. Valuer must ensure that resources will be interviewed and may be clear in terms of competence and authority
Interviewed the source can be trusted and are the people who have the capacity to provide opinions about the object
Who interviewed the source in accordance with the facts, a good lay-out or photograph or other means.

Field visits are a must in the assessment process. Field visits so that can be done efficiently with basically every evaluator must obtain or find information as follows:
Benchmark data (comparative data), including technical data that are equivalent and related to the object that will be assessed more than one (1) relevant data.
Behavior of market data (market behavior), including data related to the level of market interest or object that will be assessed. Data based on the beliefs and practices, including data that is cognitive and can be emotional or superstition are the object of which will be judged.

Data based on the opinions, including opinions, or that already exist in the market or the general public related to the object that is considered
Data based on knowledge (knowledge or empirical), includes the empirical experience of each other Valuer and employees on the company object to the evaluator assessed

Visits to related institutions is conducted to obtain data to support other objects associated with the votes. Related institutions, among other villages, Local Government, City Administration and others.

Results poured in the form of an assessment report with the required documentation such as photos, location map, picture, land (lot plan), pictures of the layout (plat plan), and others. The format of reporting to the provisions of Standard Valuation.

Job Guide
Each employee in the company, mainly work-based Valuer who have agreed guidelines for internal and external. Internal guidelines can be revised at any time or periodically in accordance with the needs of internal and market, and are subject to approval at the Board of Directors.

When changes occur in an external guide, the adjustment process need to be working. This change is done by working with the Ministry of Research and Valuer throughout the entire approval of the Board of Directors.

Inspection
In the required field inspection to officers appointed to carry out:
visits to the field (site visit),
data collection and
interview with the Client

The issues that must be observed during the visits to the field are: Reference (reference); the nature or location of the characters / local, if there are findings in the affect that value, age, description / explanation, use, construction of buildings, installations, facilities and infrastructure ; size and knowledgeable of the property or land and buildings.

All produce should be based on the size of the set of measurement practices, and any irregularities should be reported. Valuation is not the same as property inspections, so that the Technical Director shall seek disability or lack of careful, and specify whether the defect or deficiency must be followed up by special experts.

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Key point to get property value

Property is a legal concept that includes the interests, rights and benefits associated with ownership of and as defined in accordance with the valuation standard.

Valuation is the economic concept of property is made for various reasons, among others, who are classified as follows: financial report, transactions that resulted in the transition of ownership, loans, and guarantee the rights guaranteed to the property, litigation, taxation and consulting or investment decisions.

Valuer is the officer designated by the Company (e.g.: xxx), to make the process of data identification, inspection, analysis and evaluation to assess the results obtained.

Quality control officers are officers who ensure the quality of the data, and reports in accordance with the Valuation has set the standard. Quality control officer Independent of the Valuation process, in accordance with the provisions of standard operational procedures on quality control of the assignment.

Value is an economic concept that refers to the price which is very possible and agreed by the buyer from a seller of goods or services that are available for purchase. Market Value as defined in the valuation standard, like IVS or IVRS

Conditions:
The Company (e.g.: xxx) implement a property assessment process in accordance with the provisions stipulated in the Standard Valuation , the documents related to the Collection object assessment, field inspection, Data collection, data analysis and calculations, The draft, discussion and evaluation with the Manager of the assessment results, discussion and evaluation results of the assessment with the Technical Director or a certified evaluator, Final Reports, Signature by the Director of the Licensed Valuer

Assessment/Valuation
Valuation destination on the property made to the various considerations, including the following categories: financial report, the transfer of rights act law (juridical control), the Agreement and issuance of debt receivables rights be dependent on the property as collateral satisfaction of debt, claim control over property, tax issues, consultancy or investment decisions.

Terms Organization
Directors / employees responsible for the operational implementation of any instructions or contract that is agreed between the Client and The Company (e.g.: xxx) to work assessment.

Valuer perform the work based on written instructions from the Director of Engineering through the process after the Acceptance or Rejection Client and Quality Control of the assignment.

In the case of work instructions given verbally by the Director of Engineering, the Manager or the evaluator must make a confirmation by phone or other means of communication and record in the Quality Control of the media assignment.

Valuer, Quality Control Officers and Directors shall ensure that each product is produced (in the form of reports, and other analysis) were re-examined to ensure no errors in the basic assumptions, the data and analysis on the data, and calculations. They must keep the quality and standards that apply to each assessment process to comply with standards applicable. Be based on the Valuer and specialist expertise of the staff concerned. Technical Director and Manager Functions as a working manager and the manager of human resources. Technical Director and Manager to monitor the work progress and evaluate the results of any work prior to submission to the Board of Directors. Valuer and supporting activities include: inspection, database, document storage, production

Inspection, consists of officers who have been appointed to conduct the visits to the field (site visit), data collection and interviews with the client. Valuer must take a number of techniques of data and interviews for data collection. Inspections conducted so far needed to produce an assessment in accordance with the professional goals.

Database
Database is a collection of data obtained from the results documented in the collection in a storage medium, which is managed by the EDP. Document storage: storage of documents consists of officers who are appointed to manage the storage of documents that are part of the process, or the form of a final report.

Document storage is responsible in the preparation (filing) document based on the assessment reports that have been previously determined at the beginning of the process. Classification of the document is set on The Quality Policy and Ethics. Document storage is responsible for regulating and limiting the user documents, internal documents especially the Company (e.g.: xxx). Each end of the year, the official document storage is responsible for the conduct of the evaluation documents that are stored and can make recommendations to the destruction of documents is not used anymore.

Production: Production consists of officers who have been appointed to conduct the end of the assessment process and work is becoming one of the assessors, ie, printing reports. Production should be making a report based on work order, a job deadline or priority clients. Production processes must edit on the language and editing the report.

Individual Competence: Individuals who have worked as an evaluator competency requirements include: Ability to perform planning and analysis capability on every job. Ability to conduct data collection either primary or secondary.
Including in terms of each individual's ability to: Collecting data, both primary and secondary data. The data, as efforts for the selection of data obtained. Data analysis, which requires analytical ability and capable of preparing the premises, trend, or allegations based on the collection of data. Reporting requires the ability to represent data in the form of reports, recommendations, or even analysis that can be understood by everyone, especially clients. Distribution of reporting, the ability to communicate the report, recommendations and analysis based on the work produced has been determined that

Conflict of interest
Each marker represents compulsory the Company (e.g.: xxx) in each process data and information from the client. Each evaluator must maintain its independence of the client and do not have a conflict of interest in the implementation of each work. Each evaluator must put the interests of the Company (e.g.: xxx) with fixed opinions and give opinions that are objective, measurable and accountable. Assessors should avoid situations where there's conflict of interest and the client. Form of conflict of interest between the interests of another client without considering the aspects objectivities, provide a value that does not comply with the requirements of third parties (banks and others), to receive rewards and other reports so that the Company (e.g.: xxx) does not comply with the standards set by the assessment standards that apply. About conflict of interest provisions set forth in this SOP for the independence of the valuer and valuation standards.

To be continued….

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Limiting conditions and the statement Valuer assessment reports

Assessment reports submitted by the company one of the Valuer to the Bank Loan to load more or less the following: 

• Introduction letter (letter of transmittal), load introduction, the term assessment, resume of value and approach to get the value. 

• Statement of valuer

• Description about the property.

•  The factors that affect value.

• Map of the situation, Land and Building /Lay out or the lot plan of land 
  Photographs of the property assessed.
  

Statement of Valuer.

In a statement Valuer, staff and experts appointed by that individual or team has been working with a professional. Approximately like this is its content: we marked under the hand of this states that: True has conducted research and examination of the properties mentioned above, we have to do on the 20xx-xx. In the limit of our ability and confidence as a scorer, we marked the hand below explain that statement in this report which is the basis of the analysis, opinions and conclusions are described in it are correct. Furthermore this report describes all conditions that affect the barrier analysis, opinions and conclusions. This report has been prepared in accordance provisions Ethics Association and the applicable approved local government and also in accordance with the provisions of international standards Professional

Limiting conditions.

Restrictions on the conditions, which is described in the general assessment process so that more focus. The an example:

• In the scope of this assessment it is assumed the status of assets in the ownership of a valid condition and free from dispute, pure and specific agreement of the burden of debt and mortgages.

All copies of documents provided by the taskmaster, or shown to us in the assessment of this asset, we are legitimate, according to the true reality of this fact, and if in the framework of commitments, the document will be reviewed legitimacy by supporting the profession or the authorities to task .

• The overall number of assets from the value reached in this report reflect the unity of substance on the value of all assets included in the scope of the assessment, the effort to separate one or more of the value of assets with a particular interest and will make the assessment report does not apply, except when it is considered before and assessment described in the report. 

In this assessment process is considered on the condition of assets that have been found in the observation field, but does not check the structure of the buildings or parts of assets that are not visible and not affordable as the foundation and parts of the other closed. 
Assessment report is limited to the client and only for the purpose and goals as written in the report. 

• Rating limited effect on the assessment and opinion on the conditions, usage, and other based on the results of observation on which is written in the report. 
  In conducting the assessment that this asset, we do not check the completeness / conditions must be met fastening the withdrawal rights as collateral dependent, and therefore if this report is aimed as a basic policy of credit by banks, the banks are obliged to check and ensure the requirements these requirements-including the aspects of legality. 

Value of assets reported in the currency or Indonesia Rupiah, unless otherwise stated. 

• Asset that is not built to use and / or contain material that is harmful and dangerous.

If no agreement previously agreed upon, PT xyz is not obliged to attend to give testimony on the legal assessment of assets before the government agencies or other judicial institutions.

• Assessment report is not legally valid if they are not printed on paper and seal official PT. xyz and signed by the appointed company. 
  

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Tips to buy second homes

I would like to share experiences, such as saying "regret and no sense". Many people buy second homes, says sad. Cost incurred far more than originally estimated. Before you make the decision, buying second homes, following my experience when buying a house a few years ago

1. Check the location 
The location to be decided before the first choice, whether I should buy or not. 
Is location the flood?. The word "flood" a word which is very creepy. When the flood, we can automatically switch to another location option. 

Whether the road width in front of the house can pass the four-wheel drive vehicle?. This is important, other than the plan we will buy the car at the time of the next, the road width to be important factors for access to our house. Of course, the road width should be proportional and the minimum two-meter. If you choose less than two meters, so please only. 
Position T-intersection, hook or interior lot? This should depend on the buyer tastes. T-intersection is usually not too be like. 

The better the location, the higher add value also in the future. Moreover, if we plan to sell in the future.

2. Check the physical condition of the house 
At the time the house will be offered to us, once-tidy and looks good. Moreover, we would like to buy a property through the agent, usually in the house make-up in such a way .. Is it true that such a house? This requires accuracy. Usually, prospective buyers feel ashamed check, part of the house that is hidden. Moreover, we can be big money, and suddenly we have to buy a home because of urgent need.

Usually when the age of the building more than ten years requires additional cost in repairs. If such as roof repairs, improvements or plafond that are physically visible, it is already clear. We must consider before deciding to buy. What about the house that is not visible? Channels such as clean water, dirty water lines, installation of electricity. What is obsolete? This needs to be checked. Try to see how the bathroom, try and dispose of in water with volume more than the rights (such as a bucket). When the water flows smoothly in both the channel water and unclean water, so hopefully the good channel. Turn on the lights and ask whether the electrical power. Whether electrical power is in accordance with the standards you taste?

Check also the layout of rooms, living room, kitchen and stairs (if the two-floor) and do not forget to see the clothes horse, not until the season is closed in the room. 

This is the most important source of water (if PAM, so no problem). When the source of clean water from ground water using wells pump? Moreover, the position of ground water resources located in the kitchen, this can disrupt the next day, when water needs to be land.

3. Check the land certificate. 
If you do not want to check difficult through, please by professional services, such as a notary. 
Usually a certificate in home housing complex is still bound by the bank lender. So be careful. At the time of the transaction, who bear the costs such as notary fees, services, sales agent, taxes, land and buildings that have not been paid in (this can create a long process transactions). 

4. Ask for the price of the house is reasonable, from a professional in the field, such as a valuer/appraisal. 

5. If you already throw in the option, while doing research on the house, try Down payment may be small, so you can avoid further losses. Transactions do better in the Bank or in front of the Notary.

With happy, if you want to add, Hopefully useful

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