Real Estate Owned and Foreclosure Appraisal in San Diego County
Properties in foreclosure and properties that have returned to the bank's holding present special appraisal problems.
You should recognize the difference between fair market value and "quick disposition" worth to know what losses you might realize when dealing with a house in foreclosure. MacBride Appraisal has the experience in both providing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into consideration your time line.
The professionals at MacBride Appraisal have the expertise to deal with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact MacBride Appraisal.
Owners of in foreclosure could be opposed to allowing an inspection of the property, thus presenting unique challenges. If they abandoned the property already, they might have neglected care of the home for awhile - or even worse, ransacked the property.
If your home has already returned to bank owned, you will interested in a speedy disposition. But you might want to understand and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any repairs performed, with the work called for to make the house marketable at full market value commensurate with the other homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the specific situation of a Real Estate Owned property, as well as the special information you'll need -- competing listings, market trends, and the like. You can bank on MacBride Appraisal to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.