Real Estate Owned Appraisals in Ventura CountyThere are specific appraisal problems for a house in foreclosure or one that has reverted to the financial institution's possession. When dealing with a house in foreclosure, it's important to recognize the difference between fair market worth and "quick disposition" price to analyze your potential charge-off liability. Appraisal Quest Co. (805) 469-3088 has the knowledge in both presenting snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time constraints. You need a company who has the expertise to handle the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Appraisal Quest Co. (805) 469-3088. Special challenges might be present when dealing with owners of properties in foreclosure. They may be disinclined to allow an inspection of the house. Sometimes the homes show signs of vandalism, often at the hands of the residents themselves. Or, it's likely you'll discover a house at least abandoned or the home neglected for long of time. If your property has gone back to Real Estate Owned, you will interested in a speedy disposition. But you might want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any work done to it, with the work needed to make the home marketable at full market value commensurate with similar properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the special situation of an REO house, in addition to the special information you'll need -- competing listings, neighborhood trends, and the like. You can bank on Appraisal Quest Co. (805) 469-3088 to handle the task of your REO with expertise and professionalism. Contact us today. |