Appraisal Quest Co. (805) 469-3088 is a company you can trust when it comes to foreclosures in VenturaHouses in foreclosure and houses that have returned to the institution's holding bring forth specific appraisal problems. It's important to understand the difference between fair market value and "quick disposition" worth to analyze your possible charge-off liability when dealing with a property in foreclosure. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into consideration your urgency. We have the experience to deal with the specific dynamics of a foreclosure appraisal. Contact Appraisal Quest Co. (805) 469-3088 for a company you can rely on. Occupants of in foreclosure may be uncooperative to allowing an inspection of the house, thus presenting particular challenges. Often the houses show signs of vandalism, unfortunately at the hands of the residents themselves. Or, it's common to find a house at a minimum abandoned or the home languishing in disrepair for extended periods of time. You'll be interested in a quick disposition if the home has reverted to bank owned. So you might want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any work performed, with the repairs required to make the property marketable at full market value corresponding with competing houses in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your urgency and the special circumstances of a Real Estate Owned house, in addition to the unique data you'll need -- competing listings, neighborhood trends, and so forth. You can rely on Appraisal Quest Co. (805) 469-3088 to handle the task of your bank owned property professionally and efficiently. Contact us today. |