Harold Canum's-Appraisal Resource is a company you can trust when it comes to foreclosures in San Diego/Temecula
There are unique appraisal problems regarding a house in foreclosure or one that has reverted to the financial institution's ownership.
When dealing with a house in foreclosure, it's important to differentiate the difference between fair market price and "quick disposition" worth to analyze your probable charge-off liability. At Harold Canum's-Appraisal Resource, we have the background in both producing snapshots of fair market value for our mortgage clients, as well as "quick sale" forecasts that understand your time line.
You need a company with the expertise to work with the specific dynamics of a foreclosure appraisal. Contact Harold Canum's-Appraisal Resource for a company you can trust.
Occupants of property in foreclosure might be unwilling to allow an inspection of the house, thus presenting special challenges. If they have abandoned the house already, they might have ignored the care of the home for awhile - or worse, ransacked the property.
If your home has returned to REO, you will interested in an expeditious disposition. But you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any repairs done to it, with the repairs called for to make the property marketable at full market value consistent with similar houses in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your time line and the specific situation of a Real Estate Owned home, in addition to the special information you will need -- competing listings, neighborhood trends, and the like. You can count on Harold Canum's-Appraisal Resource to handle the task of your bank owned property professionally and efficiently. Contact us today.