I. Evaluation of the used room
Second-hand room assessmentIn general, the following methods are used:
1. Market comparison law: to estimate prices by looking for recent cases of similar real estate transactions, taking into account regional, floor, household, etc。
Cost method: the value is determined on the basis of the cost of building, land, etc., combined with depreciation。
3. Proceeds-based approach: applies to property with rental proceeds, etc., and price is determined by estimating future gains。
The assessment is carried out by commissioning professional evaluation bodies, which include professionals to assess and report in accordance with the normative process, which are often used for loans, etc., and by self-assembly evaluation, which may refer to neighbourhood prices, consulting intermediaries, etc., with limited accuracy. The assessment is carried out by providing information such as property certificates, land-use certificates and ensuring that the information is accurate in order to arrive at a reasonable assessment price。
Ii. How to increase common property
The second-hand rooms are usually added to the common property by:
Add name: if the house is purchased by the premarital party, the intention to add another name to the marriage is usually considered a gift. The marriage certificate, identity card, property certificate, etc., are used by both parties to register changes at the real estate registration centre where the house is located, which becomes joint property of the spouses by paying the corresponding taxes。
An agreed share: the spouses may enter into a written agreement on property, which shall be effective as of the date of signature, specifying the respective shares of each of the second-hand houses. This agreement guarantees the rights and interests of both parties by making an agreement on the ownership and share of the property different from the registration of the property certificate。
It should be noted that there may be differences in processing requirements and processes between different regions, and it is recommended that local real estate registration authorities be consulted in advance to ensure smooth processing。
Iii. How to identify prenuptial property
Second-hand homes identify pre-marital property, depending on the time of purchase and the source of funding. If a contract for the purchase of a house is signed before the registration of the marriage and the full payment is made, the title is registered in the name of one of the parties, which is usually the property of the person before the marriage. If only part of the amount is paid before marriage, the loan is repaid jointly after marriage, the property is registered in the name of the paying party, the property is dealt with by mutual agreement in the event of divorce and no agreement is reached, the court may award the property to the registered party, the loans that have not yet been repaid are the personal debt of the registered party, the loan is repaid jointly and the value added after marriage, and the other party is compensated by the registered party. In addition, if one of the parents finances the purchase of the house prior to the marriage and expressly grants his or her own children, the share of the property corresponding to the contribution is also personal property prior to the marriage. The key is to combine the timing of the purchase contract, payment vouchers, registration of title and related gifts。
When it comes to how second-hand rooms are assessed, the problems associated with them cannot be underestimated. After the real estate assessment, banks determine the loanable amount on the basis of the assessment and the higher the value of the loan may be, but banks also have their own evaluation criteria and a system of controls. Also, when the second-hand room was movedTax calculationsOften linked to price assessment, the assessment of high and low prices affects contributions such as tax returns, personal income taxes, etc. If you have questions about the second-hand house assessment process, the relationship between the value and the loan line, and the impact on taxes and fees, don't let the problem bother you. Click on the "counter now" button at the bottom of the web page, and the professionals will answer you in detail。
