Appraisal-One is experienced when it comes to foreclosures in Huntington BeachHomes that have reverted to the bank's holding and properties in foreclosure bring forth specific appraisal problems. For a house in foreclosure, you might need to understand the difference between the fair market and "quick disposition" value to know your probable charge-off liability. At Appraisal-One, we have the knowledge in both presenting snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline. You need a company with the experience to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Appraisal-One. Specific challenges can be present when dealing with owners of properties in foreclosure. They could be disinclined to allow an inspection of the property. They may have moved out of the house already and/or neglected care of the home for quite some time - or in some cases ransacked the house. You'll be interested in an expedited disposition if the home has already returned to Real Estate Owned. So you need to know about and review three values: as-is, as repaired, and "quick sale." These represent the value of the house without any repairs performed, with the repairs called for to make the property marketable at full market value commensurate with similar houses in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the unique circumstances of an REO house, in addition to the unique information you'll need -- competing listings, neighborhood trends, and the like. You can count on Appraisal-One to take on the appraisal of your REO with expertise and professionalism. Contact us today. |