What means Ratings?

In real estate, different valuations are used, for example, the market value, mandatory sales value, cost price.

  • Cost price, this value is determined on the basis of the price of the object plus taxes, commission and appraisal costs.
  • The market value is determined by independent appraisers or employees of investment institutions according to the DCF, NAR and BAR methods.
  • The foreclosure value is the value of the property in the forced sale. The foreclosure value is determined as a percentage of the free sale value. For existing homes, there is usually a free market value of 75% to 85%.