The cadastral value is determined in accordance with the provisions of the Federal Law “On State Cadastral Adelaide Property Valuation”. In general, the whole process can be summarized in the following steps:
Making a decision to conduct a cadastral valuation.
Determining the cost and compiling a report indicating the procedure for setting the price and the results obtained.
Approval of the final cadastral value by the executive body of the constituent entity of the Russian Federation.
Let us consider in more detail how the cadastral valuation of real estate is carried out .
Deciding to conduct an assessment: The corresponding decision is made by the executive authorities of the subject. However, before this, preparation is carried out, which consists in collecting and processing the information necessary to carry out the assessment. Preparation must be completed by January 1 of the year in which it is planned to determine the cadastral Adelaide Property Valuation. Based on the decision made, Rosreestr draws up a list of objects to be assessed and sends it to the authorized body.
Determination of the cost and preparation of the final report: The assessment is carried out by specialized budgetary institutions. The work is carried out in accordance with the provisions of the law, as well as taking into account various pricing factors and guidelines. During the process, the institution publishes interim reports with up-to-date information.
If comments are received, they must be corrected before the next publication. At the end of the work, a final report is compiled, which is sent for verification to Rosreestr. In the absence of violations, the final version of the document in 3 copies is sent to the authorized body of the subject of the Russian Federation.
Approval of the obtained results : Within 20 days from the receipt of the report, the authorized body approves the results of the assessment. At the end, an appropriate act is issued. The issued act with the results of a certain cadastral value comes into force on January 1 of the next year.
In 2022, the majority of home buyers will pay in cash – these are the expectations of market experts. This can be personal savings or funds from a previous sale of real estate.
According to the latest statistics, many buyers, choosing housing with a surcharge, prefer a difference in cost of 30-40%. Given that the new mortgage program provides for the provision of favorable conditions for obtaining a loan , an increasing number of potential buyers seek to take advantage of this opportunity. Experts predict that about 10% of future buyers plan to use mortgage lending. Many buyers today already have housing, and their requests are focused on improving living conditions and searching for objects in the primary market. Experts also say that in 2022 the demand for real estate will increase, and with it the cost of square meters will also increase .
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