Action Appraisers, Inc. is experienced when it comes to bank owned properties in San Diego
There are special appraisal problems when it comes to a property in foreclosure or one that has returned to the bank's control.
For a house in foreclosure, you may need to recognize the difference between the fair market worth and "quick disposition" to know your likely charge-off liability. We can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your urgency.
Action Appraisers, Inc. has the experience to handle the particular dynamics of a foreclosure appraisal. Contact Action Appraisers, Inc. for a company you can trust.
Unique challenges can be present when dealing with owners of houses in foreclosure. They may be uncooperative to allowing an inspection of the property. Often the houses have been vandalized, often at the hands of the residents. Or, it's common to discover nobody has lived in house for months or the home neglected for long of time.
If your house has gone back to REO, you will interested in a speedy disposition. But you may want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any work performed, with the work necessary to make the house marketable at full market value corresponding with competing houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the unique circumstances of an REO house, as well as the special data you'll need -- competing listings, market trends, and the like. You can bank on Action Appraisers, Inc. to take on the appraisal of your REO professionally and efficiently. Contact us today.