Golfi90
2018-08-15 15:31:42
- #1
Hey everyone!
For our house construction, my father wants to transfer or gift me a part of his property.
It will be measured and transferred out of the former farm.
Of course, notarized, etc.
This property is to be deposited with the bank as equity for the house loan.
How does the bank calculate the value of the property? Do they strictly go by the standard land value? Or do other factors play a role?
For our house construction, my father wants to transfer or gift me a part of his property.
It will be measured and transferred out of the former farm.
Of course, notarized, etc.
This property is to be deposited with the bank as equity for the house loan.
How does the bank calculate the value of the property? Do they strictly go by the standard land value? Or do other factors play a role?