Appraisal & Consultancy Experts - CEBU

Appraisal & Consultancy Experts - CEBU Recognize your value; seek expert judgment.
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Complex and progress appraisal are essential skills for every real estate appraiser. A complex appraisal involves valui...
27/03/2026

Complex and progress appraisal are essential skills for every real estate appraiser. A complex appraisal involves valuing unique or non-routine properties where standard methods are not enough, requiring the use of multiple approaches such as cost, income, and market, supported by strong analysis and judgment.

On the other hand, a progress appraisal is used for properties under construction, where the appraiser conducts a site inspection, determines the percentage of completion, computes the as-is value, and estimates the as-completed value based on plans and specifications.

Complex appraisal demands deeper analysis, while progress appraisal requires accurate measurement of completion. Mastering both ensures more reliable and professional valuation results.


How properties are being valued. In real estate appraisal, we don’t guess, we analyze through the three fundamental appr...
20/03/2026

How properties are being valued.

In real estate appraisal, we don’t guess, we analyze through the three fundamental approaches to value (IVS 103):

• Market Approach – What are similar properties selling for?
• Income Approach – How much income can the property generate?
• Cost Approach – How much will it cost to replace it?

Each approach tells a story.
A competent appraiser knows when to use each, and how to reconcile them into one defensible value.

This is where science meets judgment.

There are several students now who are willing to learn the discipline of real estate valuation.In a time when many prof...
17/03/2026

There are several students now who are willing to learn the discipline of real estate valuation.

In a time when many professionals overlook valuation, seeing this group show up, engage, and commit to understanding the “why” behind property value is both rare and inspiring. Valuation is not just about numbers, it is about judgment, integrity, and responsibility.

The future of the profession depends on those who choose to go deeper, not just to transact, but to truly understand.

To my students: you are part of the few who chose the harder path, and that will set you apart.

From my BSREM students to my appraisal partners, they are now signing the appraisal report of their first big appraisal ...
12/02/2026

From my BSREM students to my appraisal partners, they are now signing the appraisal report of their first big appraisal project, covering ₱20 billion in assets, composed of more than 4,000 hospital machines, multiple complex buildings, several prime lots, and development inventories.
Thank you for the teamwork, REAs Charisse Labajo, Joji Ilustrisimo, and Junie Alon.
Excellent work on this project.






A lesson to all appraisal practitioners: an opinion of value is considered an expert and professional opinion only if it...
29/12/2025

A lesson to all appraisal practitioners: an opinion of value is considered an expert and professional opinion only if it is market-based, applies standard methodologies appropriate to the appraisal purpose, and is rendered with independence and objectivity.

For accuracy and reliability, the data used must be credible, validated, and verified. Appraisal is not a guessing exercise. Each appraisal purpose requires a specific and appropriate basis of value.

For SEC reportorial requirements, the proper basis is market value, not investment value. The use of extraordinary or hypothetical assumptions moves the conclusion further away from market value. Market value is not the same as investment value.

RA 12289 or ARROW was just signed by the President. Kapag na-expropriate ang property mo para gawing right-of-way, ang i...
02/12/2025

RA 12289 or ARROW was just signed by the President. Kapag na-expropriate ang property mo para gawing right-of-way, ang i-o-offer sa’yo ng gobyerno ay ang scheduled fair market value under R.A. 12001, na na-sign into law last year at ongoing na ang implementation. Ibig sabihin, ang ibabayad sa’yo ay ‘yong halagang nakalagay sa tax declaration ng property. Wala na yong zonal value. Article 3, Section 9 of the 1987 Constitution clearly says “no private property shall be taken without just compensation.”

The question now is this:
‘Yong values ba sa tax dec ay fair and just to the owner?
Maybe yes, maybe no, depende kung na-implement ng ang RA12001, updated ang value sa tax declaration ng property at acceptable sa’yo ang offer.

Kung tingin mo hindi ito “just compensation,” you can refuse the offer and bring the matter to court. The Constitution is superior to RA 12289 and RA 12001. Hindi mo mapipigilan ang gobyerno sa pag-expropriate ng property mo for public use, pero pwede mong ipaglaban ang karapatan mo to receive just compensation.

Ayon sa mga jurisprudence ng Supreme Court, just compensation = fair market value at the time of taking + legal/economic interest.
Kaya kung tatagal ang proseso at matagal magbayad ang gobyerno, may interest pa on top of the FMV during the time of taking.

Huwag malito. Ang Scheduled Fair Market Value ay ‘yong values na ginagawa ng gobyerno bilang basis for taxation; dito kinukuha ang halagang inilalagay sa tax declaration ng property. Check your tax declaration, makikita mo doon ang mga numbers na ‘yan, at yan rin ang basehan sa pag-compute ng Assessed Value o Taxable Value at ng annual real property tax mo. Iba ‘yon sa actual o true market value na ina-arrive ng isang appraiser kapag ina-appraise nila ang tunay na halaga ng property mo, based on real market evidence, recent comparable sales, site conditions, improvements, at current economic trends.

If your house or vehicle was destroyed by a flood or typhoon, and you stop paying your loan, the bank or Pag-IBIG Fund w...
07/11/2025

If your house or vehicle was destroyed by a flood or typhoon, and you stop paying your loan, the bank or Pag-IBIG Fund will still consider it a breach of contract.

Even if the property is gone, the loan obligation remains, because the loan is a financial agreement, not dependent on the physical state of the property.

For housing loans:

The bank or Pag-IBIG may still collect payments or foreclose if you default.

When you let your house or car be foreclosed after a flood or typhoon, it doesn’t just end with losing the property, it hits your credit standing and credibility hard. Foreclosure is recorded as a major default, and your credit score can drop drastically, staying low for up to five to seven years. Banks, cooperatives, and even Pag-IBIG may hesitate to approve your next loan, labeling you as high-risk. Your financial credibility takes a serious dent, making it harder to rebuild trust with lenders and institutions. And if you do get another loan later, expect tougher terms, higher interest rates, bigger down payments, and more rigid requirements. Foreclosure doesn’t just take your home; it takes a piece of your financial reputation. Always explore alternatives like insurance claims, loan restructuring, or dacion en pago before surrendering your property, because protecting your name is protecting your future.

If you had Mortgage Redemption Insurance (MRI) and Fire/Allied Perils Insurance (which usually includes flood or typhoon coverage), you can file a claim with the insurance company.

If your insurance covers the damage, the insurance proceeds will pay off or reduce your loan balance.

For auto loans:

If your car is insured with comprehensive coverage, file a total loss claim.

The insurance company may pay the remaining balance to the bank, or you may receive the residual value after settlement.

If you only have TPL (Third Party Liability) insurance, you will not be covered for flood damage — and you must still continue paying the loan.

Recommendations/Suggestions

1. File an Insurance Claim Immediately.

Contact your insurance company and bank to report the damage.

Prepare photos, videos, and official reports (e.g., barangay or LGU certification of calamity).

Don’t delay—insurance companies usually require filing within 7–30 days from the incident.

2. Notify Your Bank or Pag-IBIG Fund.

Explain your situation in writing.

Some lenders offer grace periods, payment moratoriums, or loan restructuring for disaster victims.

3. Apply for Loan Restructuring or Calamity Assistance.

Pag-IBIG and most banks have calamity loan programs or restructured payment terms for borrowers affected by natural disasters.

This can reduce monthly payments or extend your term.

4. Do Not Abandon Communication.

Ignoring your lender can lead to foreclosure or bad credit records.

Being proactive shows good faith and often results in better arrangements.

5. If Uninsured, Seek Legal or Financial Advice.

Consult a licensed real estate appraiser/financial advisor/lawyer to estimate the loss.

Dr. Rodel G. Revilla
DBA, MMREM, REC, REA, REB, LPT, PFM
Appraiser l Consultant









See you tomorrow Manila.
02/11/2025

See you tomorrow Manila.






16/10/2025

Appraisal isn’t just about numbers, it’s about truth backed by data.

Gone are the days when we relied solely on gut feel and rough sketches. Today, technology gives us clarity, accuracy, and speed. With GIS mapping, drones, digital valuation tools, and big data analytics, we see properties not just as land and walls, but as living stories told through data points.

Technology doesn’t replace the appraiser, it empowers us. It helps us measure precisely, analyze deeply, and report confidently. It connects our profession to the future, without forgetting the principles that built our credibility.

In this era, the modern appraiser is not just a measurer of land, but a translator of truth through technology.
- Faster reports.
- Sharper insights.
- Stronger credibility.

Because the best appraisers don’t fear innovation, they lead it.

Dr. Rodel G. Revilla
DBA, MMREM, REC, REA, REB, LPT, PFM
Licensed Real Estate Appraiser | Valuation Educator | Consultant





Many property owners buy insurance thinking they’re protected, until a quake, flood, or fire hits and they find out the ...
13/10/2025

Many property owners buy insurance thinking they’re protected, until a quake, flood, or fire hits and they find out the payout isn’t even half of what they need to rebuild.

The missing link? NO LICENSED APPRAISER WAS EVER INVOLVED

Don’t insure with guesses.
Insure with facts and figures certified by a licensed appraiser.
That’s the difference between losing money and sleeping peacefully after the storm or quake.

Insure the cost to rise again — not just what it used to be worth.

A licensed real estate appraiser doesn’t sell policies; we protect your property’s truth.

We estimate the Replacement Cost New (RCN), the full cost to rebuild your building today, using updated construction rates, materials, labor, professional fees, and taxes. That number becomes the sum insured, the basis of your protection. Without it, you’re either underinsured (losing millions) or overpaying for premiums that don’t make sense.

STEP BY STEP GUIDE for Every Building Owner

Step 1: Hire an experienced Licensed Real Estate Appraiser

Don’t rely on guesswork or “per square meter” estimates from agents.

A PRC-licensed appraiser will inspect your property, evaluate construction type, measure floor areas, and compute the Replacement Cost New (RCN) including:

1. Direct cost (materials, labor, contractor’s overhead & profit)
2. Indirect cost (site works, permits, testing, contingencies)
3. Soft cost (architectural, engineering, appraisal, and permit fees)
Escalation allowance (inflation buffer)

That appraisal report becomes your foundation for proper insurance coverage, solid, defensible, and accepted by insurance companies.

Step 2: Choose a Trusted Insurance Company

Work only with insurers regulated by the Insurance Commission

Step 3: Decide which among Coverages You Need.

A Fire Insurance Policy only covers fire, lightning, and explosion.
If you want full protection, include these riders:

* Earthquake Fire & Shock (EFS) – covers cracks, collapse, or fire from earthquakes
* Typhoon and Flood – covers wind and water damage
* Contents Insurance – covers furniture, fixtures, and equipment
* Allied Perils – adds extra protection (explosion, riot, smoke, vehicle impact)

Step 4: Submit the following Requirements to the insurance company:

*Appraisal report (from your licensed appraiser)
*Building photos and floor plans
*Tax Declaration or TCT / CCT
*Occupancy permit
*Insurance application form/s

That appraisal report becomes your foundation for proper insurance coverage, solid, defensible, and accepted by insurance companies.

Dr. Rodel G. Revilla, REA, REC, REB, LPT, PFM
Licensed Appraiser






10/10/2025

Property owners, importante na maappraise and ma-insure ang inyong mga properties. Protect your investment.

We successfully concluded our 2-day Appraisal Mastery Training – Batch 7, today!A heartfelt thank you to our 60+ partici...
13/07/2025

We successfully concluded our 2-day Appraisal Mastery Training – Batch 7, today!

A heartfelt thank you to our 60+ participants from various regions across the country. Your presence, active engagement, and genuine passion truly made this training a meaningful and impactful experience.

We are deeply grateful to the Lord for the opportunity to share not just technical knowledge, but also real-world insights and hard-earned wisdom accumulated through years of hands-on experience in the field. It is always a blessing to contribute to the growth, excellence, and professional development of our fellow real estate practitioners.

May we all continue to uphold the highest standards of integrity, competence, and service in the real estate appraisal industry.
Onward to mastery—one appraisal at a time!

Topics Discussed:

Case Studies on:
DPWH Pre-Feasibility: Road Right-of-Way Valuation
Expropriation and Just Compensation (NGCP)
Expropriation and Just Compensation (DAR-CARP Coverage)
Valuation of Rice Fields
Valuation of Fishponds
School Property Valuation
Gas Station Valuation
Poultry Farm Valuation
Equitable Partition Among Siblings
Road Right-of-Way, Setback, and Easement Analysis
Mall Appraisal Techniques
Valuation of Machines and Equipment

All for God's Glory!




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Mandaue City
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