CaliHaus Appraisals, Inc. is experienced when it comes to bank owned properties in Orange
Real Estate in foreclosure and homes that have returned to the institution's holding create specific appraisal difficulties.
You should differentiate the difference between fair market value and "quick disposition" price to analyze what losses you stand to have to endure when dealing with a home in foreclosure. At CaliHaus Appraisals, Inc., we have the knowledge in both producing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time constraints.
You need a company who has the qualifications to deal with the particular dynamics of a foreclosure appraisal. Contact CaliHaus Appraisals, Inc. for a company you can trust.
Particular challenges may be present when dealing with owners of properties in foreclosure. They might be disinclined to allow an inspection of the home. They might have abandoned the property already and/or overlooked the care of the home for quite some time - or in some cases intentionally harmed the house.
You will be interested in an expedited disposition if the home has returned to Real Estate Owned. So you might want to know and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any work performed, with the repairs needed to make the house marketable at full market value consistent with similar homes in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely to someone who'd rather finish the job themselves. Again, we understand your timeline and the special situation of a bank owned house, as well as the specific information you'll need -- competing listings, neighborhood trends, and the like. You can rely on CaliHaus Appraisals, Inc. to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.
Got a Question?
Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.