YOUR QUESTIONS

I am selling real estate but I wonder if I sell it as much as it deserves?

The fact that you try to sell a real property over its actual price causes that that real property cannot be sold. And if this real estate is sold under its actual value, this causes that the Buyer makes more profit and the Seller makes loss. You should receive opinion of an appraiser for correct value.

I am buying real estate but I wonder if I buy it as much as it deserves?

The fact that a real estate is bought over its actual price causes that the Buyer pays much money and thus, that he/she makes loss. Besides, when you try to dispose a real estate, it is possible to have problem. You should receive opinion of Appraiser for correct value.

If I purchase appraisal value, does this protect me against Forgery of Title deed and Fraud?

You can lose your savings that you obtain by working for years as a result of forgery or fraud. You should provide that experts make necessary legal and juridical controls before the sales operation by demanding appraisal report for not encountering any negative situation such as the fact that the real estate that was shown to you and the one that you have its title deed does not correspond with each other.

I want to conclude an agreement in return for flat but the values of apartment that I have in accordance with the agreement, do they equal to agreement percentage?

In general, the agreement is made over apartment number in the agreements which are concluded in return for land share. However; usually, market value total of the apartments obtained by the Parties and stated agreement percentage does not correspond with each other and thus unjust treatment occurs. You should demand appraisal report by receiving opinion of Appraiser before concluding any agreement for Fair Property Sharing.

I want to make an investment for land / terrain but the land / terrain offered to me, how much it amounts?

It is very important to determine position of Real Estate correctly on purchase-sales of land / terrain. If it is the land that you obtained its title deed, you should not be sure about the fact that it is the right place shown to you. Another point is zoning status of the land (floor number, structure type, quality, abandonment, cancellation of plan and etc…). Subjects that are stated directly affect the value of land that you think buying. The value of such properties can only be determined by Licensed Appraiser having technical background information. You should provide that experts make necessary legal and juridical controls before the sales operation by demanding appraisal report for not encountering any negative situation and for correct valuation.

How much which property worth in property sharing in case of divorce / inheritance?

In case of divorce / inheritance, you should demand appraisal report by receiving expert opinion for the actual valuation on Fair Property Sharing.

Is rental of the real estate from which I have rental income high or low?

Demanding value over price of market rental causes that the real estate remains empty; this situation also causes rental loss. The fact that the said property is rented in a price under its market value causes that property owner makes loss. You should demand appraisal report by receiving opinion of Appraiser for determination of fair rental price.

What does Market value mean?

This is appraised value which should change hands in purchase and sales operation of a real estate to be carried out by willing buyer and willing seller, as people who are cautious and have sufficient information on the said subject, under circumstances in which the parties shall not be affected by any relation and without any force.

What does the most efficient and effective Usage mean?

This is the most probable usage of a property, which is possible physically and which can be realized financially, providing that the real estate that was allowed by the laws and assessed has the highest value.

Who is Licensed Appraiser?

Real estate Licensed Appraiser are those, who obtained “Expertise License for Appraisal of Real Estate” within the frame of regulations of the Capital Markets Board, concerning licensing for assessing real estates, real estate projects or rights for the real estates and the said projects.

So that appraisal expertise license for the real estate can be obtained;
• It is necessary to be graduated from four-year university,
• to be successful in licensing exam for expertise for real estate appraisal and also
• to have at least three-year experience on real estate appraisal.

What are methods which are used in appraisal?

There are three different methods which are applied in our country.

“Precedent Comparison”, Market Value Approach”,
“Cash Flow (Income Capitalization) Approach”
“Cost Approach”

What are different Value Definitions?

Fair Market Value
Regular Liquidation Value
Compulsory Liquidation Value
Usage Value
Active Business Value
Investment Value
Tax Value