REO Appraisals in Alameda CountyHouses in foreclosure and houses that have gone back to the financial institution's possession create particular appraisal problems. When there is a property in foreclosure, you should differentiate the difference between fair market price and "quick disposition" value to evaluate your possible charge-off liability. Appraisal Services has the background in both producing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time constraints. The professionals at Appraisal Services have the expertise to handle the special dynamics of a foreclosure appraisal. Contact Appraisal Services for a company you can rely on. Owners of houses in foreclosure might be opposed to allowing an inspection of the home, thus presenting particular challenges. They might have left the home already and/or overlooked the care of the house for quite some time - or worse, intentionally harmed the property. You'll be interested in a quick disposition if the home has returned to bank owned. So you need to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any work performed, with the work due to make the house marketable at full market value commensurate with the other houses in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone who'd rather finish the job themselves. Again, we understand your urgency and the special circumstances of a Real Estate Owned property, as well as the specific data you'll need -- competing listings, market trends, and the like. You can count on Appraisal Services to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |