CaliHaus Appraisals, Inc. is experienced when it comes to foreclosures in Irvine
Homes in foreclosure and houses that have returned to the lender's ownership bring forth unique appraisal problems.
You need to recognize the difference between fair market price and "quick disposition" value to know what losses you stand to realize when dealing with a home in foreclosure. CaliHaus Appraisals, Inc. has the training in both supplying snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your timeline.
The professionals at CaliHaus Appraisals, Inc. have the training to work with the specific dynamics of a foreclosure appraisal. Contact CaliHaus Appraisals, Inc. for a company you can rely on.
Special challenges might be present when working with owners of property in foreclosure. They may be opposed to allowing an inspection of the home. If they moved out of the property already, they may have not taken care of the house for some time - or worse, damaged the house.
If your property has already returned to Real Estate Owned, you will interested in a speedy disposition. However, you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work done to it, with the repairs needed to make the house marketable at full market value appropriate with competing properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your urgency and the unique circumstances of a Real Estate Owned house, in addition to the unique information you will need -- competing listings, market trends, and the like. You can bank on CaliHaus Appraisals, Inc. to take on the appraisal of your REO with expertise and professionalism. Contact us today.
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