Choice Appraisals, Inc. is experienced when you need appraisals for bank owned properties in Newbury Park
Properties in foreclosure and homes that have gone back to the institution's holding bring forth various appraisal problems.
It's important to ascertain the difference between fair market price and "quick disposition" price to evaluate what losses you stand to sustain when dealing with a house in foreclosure. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into consideration your time line.
The professionals at Choice Appraisals, Inc. have the experience to handle the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Choice Appraisals, Inc..
Occupants of homes in foreclosure could be opposed to allowing an inspection of the house, thus presenting particular challenges. They could have deserted the house already and/or neglected care of the house for quite awhile - or in some cases intentionally harmed the property.
If your property has gone back to bank owned, you will interested in an expedited disposition. But you may want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any work performed, with the repairs needed to make the house marketable at full market value consistent with similar houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the unique circumstances of a bank owned home, as well as the special data you'll need -- competing listings, neighborhood trends, and so forth. You can count on Choice Appraisals, Inc. to handle the task of your bank owned property professionally and efficiently. Contact us today.