![]() Appraisal Advisors Group is a company you can trust when it comes to bank owned properties in CaguasThere are particular appraisal challenges when we're talking about a house in foreclosure or one that has reverted to the institution's possession. For a house in foreclosure, you should understand the gap between the fair market value and "quick disposition" to know your probable charge-off liability. Appraisal Advisors Group has the training in both providing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line. You need a company with the expertise to work with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Appraisal Advisors Group. Occupants of houses in foreclosure could be disinclined to allow an inspection of the home, thus presenting special challenges. Sometimes the subjects show signs of vandalism, often by the residents. Or, it's likely you'll discover nobody has occupied the house for months or the home neglected for extended periods of time. You will be interested in an expeditious disposition if the house has returned to REO. So you may want to know about 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 repairs needed to make the house marketable at full market value corresponding with similar real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your urgency and the specific circumstances of a bank owned property, in addition to the special data you will need -- competing listings, neighborhood trends, and the like. You can bank on Appraisal Advisors Group to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |