Real Estate Owned and Foreclosure Appraisals in San Diego County
Properties that have gone back to the institution's holding and homes in foreclosure create particular appraisal challenges.
It's important to recognize the difference between fair market worth and "quick disposition" worth to evaluate your possible charge-off liability when dealing with a home in foreclosure. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your timeline.
The professionals at MacBride Appraisal have the qualifications to work with the special dynamics of a foreclosure appraisal. Contact MacBride Appraisal for a company you can count on.
Owners of property in foreclosure could be uncooperative to allowing an inspection of the property, thus presenting unique challenges. They might have abandoned the home already and/or overlooked the care of the property for quite awhile - or even worse, vandalized the property.
For a property that has already gone back to bank owned, you likewise will be seeking an expedited resolution . But you may want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs performed, with the work required to make the home marketable at full market value appropriate with the other properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the specific circumstances of a Real Estate Owned property, as well as the special information you'll need -- competing listings, market trends, and so forth. You can bank on MacBride Appraisal to take on the task of your bank owned property professionally and efficiently. Contact us today.