Appraisal Services is a company you can trust when you need appraisals for bank owned properties in Los AngelesHouses in foreclosure and homes that have gone back to the financial institution's ownership bring forth specific appraisal problems. For a property in foreclosure, you may need to know the difference between the fair market worth and "quick disposition" to know your probable charge-off liability. Appraisal Services has the background in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your time line. Appraisal Services has the expertise to work with the specific dynamics of a foreclosure appraisal. Contact Appraisal Services for a company you can rely on. Unique challenges can be present when dealing with owners of houses in foreclosure. They may be disinclined to allow an inspection of the property. They could have abandoned the property already and/or ignored the care of the property for quite some time - or gone as far as caused damage to the property. You'll be interested in a speedy disposition if the house has already changed to Real Estate Owned. So you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any repairs done to it, with the repairs called for to make the property marketable at full market value appropriate with the other properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique situation of a Real Estate Owned property, in addition to the specific information you'll need -- competing listings, neighborhood trends, and the like. You can count on Appraisal Services to take on the task of your bank owned property professionally and efficiently. Contact us today. |