VERISUM vs property valuation
Valuation estimates the market or mortgage value of the property and must be performed by an appraisal company approved by the Bank of Spain. VERISUM documents the observable technical condition through a non-destructive visual inspection. They are complementary services.
- VERISUM: observable technical condition (150+ points, photos, score).
- Valuation: property value under the applicable regulations.
- Valuation issued by an appraisal company approved by the Bank of Spain.
- VERISUM issued by a technician verified on the platform.
- Often used together before buying.
Limits
VERISUM carries out non-destructive visual technical inspections. It does not replace a court expert report, a legal due diligence, an official appraisal or an administrative certificate.
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VERISUM carries out non-destructive visual technical inspections. It does not replace a court expert report, a legal due diligence, an official appraisal or an administrative certificate.