Foreclosure and REO Appraisals in Riverside CountyThere are particular appraisal difficulties when it comes to a home in foreclosure or one that has gone back to the financial institution's control. For a house in foreclosure, you might need to understand the gap between fair market worth and "quick disposition" value to know your probable charge-off liability. At DWW4RE Inc., we have the experience in both presenting snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time line. We have the qualifications to work with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact DWW4RE Inc.. Owners of property in foreclosure could be uncooperative to allowing an inspection of the home, thus presenting special challenges. Sometimes the houses have been vandalized, often at the hands of the residents themselves. Or, it's common to discover the previous owners have moved out or the home languishing in disrepair for extended periods of time. For real estate that has already returned to Real Estate Owned, you most likely will want to get rid of it quickly . However, you may want to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs done to it, with the repairs required to make the home marketable at full market value corresponding with similar houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the unique situation of a Real Estate Owned property, as well as the unique data you will need -- competing listings, neighborhood trends, and so forth. You can rely on DWW4RE Inc. to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |