Foreclosure Appraisals in San Diego CountyReal Estate in foreclosure and houses that have reverted to the financial institution's holding present specific appraisal challenges. It's vital to ascertain the difference between fair market price and "quick disposition" value to evaluate your possible charge-off liability when dealing with a house in foreclosure. At MacBride Appraisal, we have the training in both presenting snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline. MacBride Appraisal has the qualifications to work with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact MacBride Appraisal. Owners of houses in foreclosure, of course, can present particular challenges. They could be opposed to allowing an inspection of the property. If they left the home already, they may have ignored the care of the house for quite awhile - or even worse, caused damage to the house. You'll be interested in an expeditious disposition if the house has gone back to Real Estate Owned. So you need to know and analyze 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 house marketable at full market value comparable with the other properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the unique situation of a bank owned home, in addition to the specific information you will need -- competing listings, market trends, and so forth. You can count on MacBride Appraisal to take on the task of your bank owned property with expertise and professionalism. Contact us today. |