Foreclosure Appraisal in Kern CountyHouses that have returned to the institution's holding and houses in foreclosure create specific appraisal difficulties. It's important to ascertain the difference between fair market value and "quick disposition" value to know what losses you could sustain when dealing with a property in foreclosure. Childress and Associates has the training in both presenting snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your timeline. We have the training to work with the particular dynamics of a foreclosure appraisal. Contact Childress and Associates for a company you can rely on. Particular challenges can be present when dealing with owners of homes in foreclosure. They may be disinclined to allow an inspection of the property. If they moved out of the house already, they might have ignored the care of the property for awhile - or unfortunately, caused damage to the property. If your house has already returned to Real Estate Owned, you will interested in a quick disposition. However, you might want to know and analyze 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 necessary to make the home marketable at full market value comparable with the other real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the unique circumstances of a Real Estate Owned property, in addition to the specific data you'll need -- competing listings, market trends, and the like. You can count on Childress and Associates to handle the appraisal of your REO professionally and efficiently. Contact us today. |