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Call Appraisal Network when you need valuations on Orange foreclosures

Appraisal Network is experienced when you need appraisals for bank owned properties in Huntington Beach, California

Homes 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.

We have the qualifications to work with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Appraisal Network.

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:

  • As Repaired. Value with the repairs needed to make the property marketable at full market value - appropriate with competing real estate in the area
  • As-is. The market value of the home without any work performed
  • Quick sale. With minor investment in repairs - to sell the property quickly, possibly as a "fixer-upper"
Again, we understand your urgency and the unique circumstances of a Real Estate Owned home, in addition to the specific data you will need - competing listings, neighborhood trends, and so forth. You can rely on Appraisal Network to handle the task of your bank owned property professionally and efficiently. Contact us today.