Real Estate Owned and Foreclosure Appraisal in Orange County
Real Estate in foreclosure and properties that have gone back to the bank's control create particular appraisal difficulties.
It's key to differentiate the difference between fair market price and "quick disposition" worth to evaluate your probable write-down liability when dealing with a house in foreclosure. CaliHaus Appraisals, Inc. has the training in both furnishing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your urgency.
The professionals at CaliHaus Appraisals, Inc. have the experience to deal with the specific dynamics of a foreclosure appraisal. Contact CaliHaus Appraisals, Inc. for a company you can trust.
Owners of houses in foreclosure could be disinclined to allow an inspection of the house, thus presenting specific challenges. They might have moved out of the property already and/or neglected care of the property for awhile - or in some cases caused damage to the home.
For real estate that has already reverted to bank owned, you likewise will be interested in a speedy resolution . But you may want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs performed, with the repairs required to make the house marketable at full market value comparable with similar properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the special circumstances of an REO property, as well as the special data you'll need -- competing listings, market trends, and so forth. 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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