Appraisal Network is experienced when you need appraisals for bank owned properties in Huntington Beach, CaliforniaHomes in foreclosure and properties that have reverted to the lender's control bring forth special appraisal problems.
It's key to ascertain the meanings of "market value" and a "quick disposition" assessment to evaluate what losses you could realize when dealing with a home in foreclosure. At Appraisal Network, we have the knowledge in both producing snapshots of market value for our mortgage clients, in addition to "quick sale" forecasts that understand your pressing needs.
Occupants of dwellings in foreclosure may be unwilling to allow an inspection of the house, thus presenting special challenges. Sometimes the subjects have been vandalized, often at the hands of the former residents. Or, it's common to find the previous owners have moved out or the home languishing in disrepair for long periods of time.
For a property that has returned to REO, you most likely will be seeking a speedy disposition. Regardless, you'll still want to consider three ways of determining the value of the asset: