The mortgage dictionary is a section of the website that allows you to know in detail the definition of all the terms related to the contracting of a mortgage or mortgage product, one of the financial operations that must be thought about and analyzed the most because it involves a significant debt that will be paid over several years. The Notary Bosch-Bages of Barcelona wants with this page to facilitate the knowledge of the most important concepts related to this type of Notarial services related to mortgages.


TweetWhat is real estate appraisal?

The real estate or certain rights susceptible for financial purposes, which will include the mortgage guarantee of the real estate credit loan, will be evaluated before the conclusion of the contract by appraisal companies, appraisal services or credit institutions, through recognized and reliable appraisal standards , in order to prove the real value of the property.
Consult BOE Law 5/2019, of March 15, regulating real estate credit contracts

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