Harold Canum's-Appraisal Resource is a company you can trust when it comes to bank owned properties in San Diego/Temecula
Houses that have gone back to the institution's holding and properties in foreclosure bring forth particular appraisal challenges.
You should ascertain the difference between fair market worth and "quick disposition" price to know what losses you could realize when dealing with a house in foreclosure. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time line.
You need a company with the experience to handle the particular dynamics of a foreclosure appraisal. Contact Harold Canum's-Appraisal Resource for a company you can rely on.
Unique challenges can be present when dealing with owners of homes in foreclosure. They might be disinclined to allow an inspection of the property. If they left the home already, they may have neglected care of the house for some time - or worse, ransacked the property.
If your property has already reverted to REO, you will interested in a fast disposition. But you might want to understand and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any repairs performed, with the repairs required to make the house marketable at full market value commensurate with competing houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique situation of a bank owned property, as well as the unique information you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Harold Canum's-Appraisal Resource to handle the task of your REO professionally and efficiently. Contact us today.