Independent Appraisal is experienced when it comes to foreclosures in Los AngelesProperties that have gone back to the institution's control and houses in foreclosure present unique appraisal difficulties. When dealing with a property in foreclosure, it's important to differentiate the difference between fair market value and "quick disposition" worth to evaluate your potential charge-off liability. At Independent Appraisal, we have the training in both supplying snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your urgency. The professionals at Independent Appraisal have the training to handle the special dynamics of a foreclosure appraisal. Contact Independent Appraisal for a company you can rely on. Particular challenges might be present when dealing with owners of houses in foreclosure. They could be unwilling to allow an inspection of the property. If they have abandoned the property already, they may have not taken care of the property for quite awhile - or unfortunately, ransacked the home. If your home has already gone back to Real Estate Owned, you will interested in a speedy disposition. However, you may want to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs done to it, with the repairs called for to make the property marketable at full market value consistent with the other real estate in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the special situation of an REO property, as well as the specific data you'll need -- competing listings, market trends, and so forth. You can bank on Independent Appraisal to handle the task of your REO professionally and efficiently. Contact us today. |