CaliHaus Appraisals, Inc. is experienced when you need appraisals for foreclosuresHouses that have reverted to the institution's possession and homes in foreclosure bring forth particular appraisal problems. It's vital to understand the difference between fair market worth and "quick disposition" worth to analyze your probable charge-off liability when dealing with a property in foreclosure. CaliHaus Appraisals, Inc. has the background in both producing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your time line. The professionals at CaliHaus Appraisals, Inc. have the expertise to work with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact CaliHaus Appraisals, Inc. Owners of properties in foreclosure, of course, can present unique challenges. They could be opposed to allowing an inspection of the property. Often the properties have been ransacked, unfortunately at the hands of the residents themselves. Or, it's common to find a house at a minimum abandoned or the home languishing in disrepair for long of time. You'll be interested in a speedy disposition if the home has already gone back to Real Estate Owned. So you need to know and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any repairs performed, with the work necessary to make the home marketable at full market value consistent with similar homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly to someone who'd rather finish the job themselves. Again, we understand your timeline and the unique situation of an REO home, in addition to the specific information you'll need -- competing listings, market trends, and the like. You can rely on CaliHaus Appraisals, Inc. to take on the task of your REO professionally and efficiently. Contact us today. |
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