I. Assessment of used housesFee ratesHow much is it?
The second-hand room currently uses a progressive rate for the assessment fee:
If the total housing price is less than $1 million (including $1 million), 0. 42 per cent of the total assessed price is charged。
The progressive rate of between $2 million and $5 million (including $5 million) is 0. 3 per cent。
From $35 million to $20 million, 0. 12 per cent of the total assessed price was collected。
Between $40 million and $50 million (including $50 million) of the total assessed price of 0. 06 per cent。
More than $50 million received 0. 012 per cent of the total assessed price。
SixSecond-hand room assessmentThe rates vary according to region and policy, and the specific rates can be consulted with local price bureaux。
Factors to be taken into account in the evaluation of property:
(1) average prices in the sub-region, as well as listing and sale prices for similar houses in the sub-region
(2) listed and traded prices for similar housing sources in the surrounding subdistricts
(3) trends in housing prices in sub-regions and on boards
(4) the characteristics of the used room are estimated, including the type of house, floor, renovation, location of the small area, landscape, etc。
Ii. What circumstances require an assessment of the price of second-hand houses?
1. Second-hand room evaluation when the house is clearly too low
Buyers and sellers may, in order to reduce their taxes and fees, declare to the real estate administration that their prices are understated and underreported. If the real estate administration considers that the price is significantly lower than the real estate value and the parties to the transaction are unwilling to adjust the house price, it entrusts a professional evaluation body with certain qualifications to conduct a second-hand evaluation of the property in question and to base its assessment on the payment of taxes。
2. Second-hand room assessment if the buyer and the seller deem it necessary
In order to determine a reasonable transaction price, the parties to the transaction may also commission an evaluation firm to conduct a second-hand evaluation as a reference for the transaction price. In general, both buyers and sellers are free to determine the price of the transaction, but if one or both parties do not have a concept of the price of the second-hand house in which the transaction is made, they will commission, either on their own or jointly, a qualified evaluation firm to carry out the second-hand house assessment。
3. Second-hand house assessment for property insurance
Real estate insurance is provided by means of a second-hand house assessment to assess the house price, determine the value of the insurance and assess the extent of the accident or loss。
4. ApplicationsMortgagesSecond-hand room assessment
YesReal estate transactionsIn the process, some home buyers overstate the second-hand house transaction price in order to make lower down payment, which is higher than the real value of the price, at great risk to the lending bank. Thus, banks would need to assess the collateral's property in order to determine the collateral value。
In the light of the above, the assessment of the value of the house is a key element in the sale of second-hand homes and mortgages. Specialized agencies assess the value of the house, which will cost a sum of money, and the cost of the house will be charged in accordance with the value of the house, which ranges from 0. 42 per cent to 0. 012 per cent in multiple stages. The more valuable the house, the higher the cost of assessment。
