Critical Factors Influencing the Reliability of Mortgage Valuations: A Qualitative Review of Literature

Abstract

This study was done to pinpoint the critical factors that impact on the reliability of the mortgage valuation in the real estate sector, an area that has seen dearth of comprehensive analysis. The examination was done by searching for peer-reviewed articles published in index journals between 2010 - 2024. The study found four factors such as data, experience of the valuer, client influence and valuation standards. As a contribution to the field, it is recommended that authorities consider enhancing improved data management strategies, providing augmented professional training for the valuers, introducing better client management strategies, and timely upgrading valuation guidelines and standards to maintain and enhance the reliability of the mortgage valuation.