Collateral
How the bank values collateral
Details
Liquidation value
70–85% of market: the bank counts a quick sale, not 'listing prices'.
LTV
Mortgage: LTV 70–80% — loan ≤ coefficient×liquidation value; cars to 70%, equipment 40–60%.
What's valued
Location, liquidity, documents, encumbrances, wear; an 'elite' flat with an illiquid layout — below market.
Revaluation
Periodically or on deterioration; value below threshold — the bank demands additional collateral/repayment.
Collateral value is 'what the bank gets in 2 weeks', not 'what it's worth'. The bank's appraiser works for the bank: your collateral's real price to you is the liquidation one.