REO and Foreclosure Appraisals in Riverside CountyHomes that have gone back to the financial institution's possession and homes in foreclosure create various appraisal problems. It's key to know the difference between fair market worth and "quick disposition" price to evaluate your potential charge-off liability when dealing with a home in foreclosure. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time constraints. AppraisALL Inc. has the experience to work with the specific dynamics of a foreclosure appraisal. Contact AppraisALL Inc. for a company you can rely on. Particular challenges might be present when working with owners of homes in foreclosure. They might be opposed to allowing an inspection of the property. They might have moved out of the home already and/or ignored the care of the property for some time - or worse, vandalized the home. You'll be interested in an expeditious disposition if the home has returned to Real Estate Owned. So you need to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs performed, with the work needed to make the home marketable at full market value corresponding with competing properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the unique situation of an REO house, as well as the specific information you will need -- competing listings, neighborhood trends, and the like. You can bank on AppraisALL Inc. to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |