California Home Appraisal is experienced when you need appraisals for foreclosures in Los AngelesProperties in foreclosure and properties that have gone back to the institution's possession present specific appraisal problems. For a home in foreclosure, you should recognize the gap between fair market and "quick disposition" value to know your likely charge-off liability. The professionals at California Home Appraisal can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into account your timeline. We have the qualifications to work with the particular dynamics of a foreclosure appraisal. Contact California Home Appraisal for a company you can count on. Occupants of homes in foreclosure might be opposed to allowing an inspection of the house, thus presenting special challenges. If they abandoned the house already, they could have not taken care of the house for some time - or unfortunately, damaged the house. You will be interested in a fast disposition if the home has already reverted to bank owned. So you may want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs performed, with the repairs required to make the house marketable at full market value appropriate with competing homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the specific situation of an REO home, as well as the specific data you'll need -- competing listings, market trends, and the like. You can count on California Home Appraisal to handle the task of your bank owned property professionally and efficiently. Contact us today. |