MacBride Appraisal is a company you can trust when you need appraisals for foreclosures in San Diego
Homes in foreclosure and properties that have gone back to the financial institution's holding bring forth unique appraisal challenges.
It's vital to differentiate the difference between fair market worth and "quick disposition" worth to analyze your probable charge-off liability when dealing with a house in foreclosure. MacBride Appraisal has the experience in both furnishing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into consideration your time constraints.
MacBride Appraisal has the training to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact MacBride Appraisal.
Unique challenges can be present when dealing with owners of homes in foreclosure. They may be opposed to allowing an inspection of the home. They could have left the property already and/or overlooked the care of the property for some time - or even worse, caused damage to the property.
You'll be interested in an expeditious disposition if the property has reverted to Real Estate Owned. So you may want to know about and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any work performed, with the repairs needed to make the home marketable at full market value commensurate with the other homes in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the unique situation of a bank owned house, as well as the special data you will need -- competing listings, neighborhood trends, and the like. You can rely on MacBride Appraisal to take on the appraisal of your REO with expertise and professionalism. Contact us today.