| "Housing to Dweller", as a basic human right endowed by the constitution, is not only a ministerial goal pursued by Chinese government but also by other governments all around the world. Although the real estate industry in China starts relatively late, it has well developed and already become a backbone of domestic economy as a result of real estate industry's high relevancy, strong promotive effects and also proper guidance by government's macro-control. Since 2005, real estate price which has run straight at a high level in China, phaseal price bubble and high proportion vacancy rate of commercial housing all knoll the alarm bell of real estate industry. Real estate appraisal, as a kind of real estate agency industry, is related very close to real estate economy. Real estate appraisal has not only built a bridge between real estate industry and financial industry, but also can be served as a key link of effectively preventing real estate financial risks. On one hand, real estate appraisal is the foundation and premise of real estate financial activities; on the other hand, real estate appraisal is also an inducement of real estate financial risks. Nowadays, our country's real estate financing channel is sole, and the methods of financing mainly depend on credit funds of commercial banks. Under this premise, the quality safety of real estate credit assets can effectively prevent real estate financial risks. Setting in this background, the method of letting the government guide commercial banks to use real estate appraisal in the approval link of real estate credit loan is discussed in this paper. This paper emphasizes the application of real estate appraisal, meanwhile setting up and improving financial system for real estate in the current phase, and further more, preventing financial crisis caused by real estate financial risks, or even more serious economic crisis.This paper combines empirical analysis and empirical application to deeply analyze the relevancy between real estate appraisal and real estate finance, and also the origin of that real estate appraisal can influence real estate financial risks. A management model of how to use real estate appraisal to prevent real estate credit loan risks is also concluded in this paper. This model is applied in examples of real estate credit loan, through which the feasibility and maneuverability of this model is tested. At last, this paper raises some policy suggestions for standardizing real estate appraisal, setting and improving the real estate financial system. |
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