Real Estate Owned and Foreclosure Appraisals in San Diego CountyProperties that have returned to the bank's holding and homes in foreclosure present special appraisal difficulties. For a property in foreclosure, you may need to recognize the gap between the fair market worth and "quick disposition" to know your possible charge-off liability. MacBride Appraisal has the knowledge in both presenting 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 training to handle the unique dynamics of a foreclosure appraisal. For a company you can count on, contact MacBride Appraisal. Owners of properties in foreclosure may be opposed to allowing an inspection of the house, thus presenting special challenges. If they moved out of the home already, they could have ignored the care of the property for a long time - or unfortunately, damaged the house. For real estate that has already changed to REO, you most likely will be seeking a quick disposition . However, you might want to know and review three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any repairs performed, with the work required to make the home marketable at full market value corresponding with competing real estate in the area, 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 special situation of an REO property, in addition to the special information you will need -- competing listings, market trends, and so forth. You can count on MacBride Appraisal to handle the task of your bank owned property professionally and efficiently. Contact us today. |