Harold Canum's-Appraisal Resource is a company you can trust when you need appraisals for foreclosures in San Diego
There are special appraisal challenges when it comes to a property in foreclosure or one that has returned to the financial institution's control.
For a home in foreclosure, you might need to understand the difference between fair market worth and "quick disposition" value to know your likely charge-off liability. The professionals at Harold Canum's-Appraisal Resource can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your timeline.
We have the experience to deal with the unique dynamics of a foreclosure appraisal. Contact Harold Canum's-Appraisal Resource for a company you can trust.
Specific challenges can be present when working with owners of homes in foreclosure. They may be opposed to allowing an inspection of the home. They may have moved out of the house already and/or ignored the care of the property for quite some time - or in some cases vandalized the property.
You'll be interested in a quick disposition if the house has already changed to bank owned. So you might want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work performed, with the repairs needed to make the house marketable at full market value comparable with similar homes in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your urgency and the unique circumstances of a bank owned property, in addition to the unique information you'll need -- competing listings, market trends, and the like. You can count on Harold Canum's-Appraisal Resource to take on the task of your bank owned property professionally and efficiently. Contact us today.