Equity assessment for bail security
Understand the property value, ownership interest and supplied secured liabilities.
A focused review of current market value and the information relevant to the potential equity position in property connected with a bail matter.
Value and equity
Property market value is not the same as available equity.
An equity assessment considers the current market value of the relevant property interest alongside ownership and secured liability information supplied for the assignment.
The valuation establishes property market value. A separate equity review may then consider the ownership share and current mortgage or other secured liabilities provided by the client.
The resulting information does not determine whether the property or equity will be accepted as bail security.
Market Value
Independent assessment of the current market value of the relevant property interest.
Ownership Interest
Identification of the share or interest held by the proposed property provider.
Secured Liabilities
Mortgage and other secured liability information supplied for the review.
Qualified Equity Position
Clear presentation of the calculation basis, assumptions and limitations.
Assessment process
How the property and liability information is brought together.
Confirm the ownership interest
Identify the registered owner and the relevant share or interest.
Assess the current market value
Undertake the agreed valuation of the property interest.
Review supplied liabilities
Consider current mortgage or other secured debt documents provided.
State the assumptions clearly
Present the equity calculation basis and any verification limitations.
Frequently asked questions
Equity assessment questions.
Is equity the same as property value?
Is a current mortgage statement required?
Does the assessment approve the security?
Request an equity assessment for bail security.
Provide the property address, ownership details and current mortgage information so the assignment can be scoped.