Property valuation (tasación) – Why is a property valuation needed?

Banks need to make sure that the property purchase they are financing is acceptable for them. This implies making sure the property is legally registered, and that their loan is backed by a property with the right value and resalable. This is just a final check from them before they accept to proceed with the mortgage. 

Depending on the bank you finally decide to finance with, the process of ordering a valuation will be managed by us, or directly by the bank with their preferred company.  All valuation companies are regulated by the Bank of Spain.

As part of our service to you, we will coordinate the process to obtain the valuation needed to complete your mortgage.

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