Advantage Appraisal Service Inc is experienced when you need appraisals for bank owned properties in ChinoThere are various appraisal difficulties when it comes to a house in foreclosure or one that has gone back to the lender's ownership. When there is a property in foreclosure, it's important to know the difference between fair market worth and "quick disposition" worth to evaluate your potential charge-off liability. The professionals at Advantage Appraisal Service Inc can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your urgency. You need a company with the training to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Advantage Appraisal Service Inc. Unique challenges can be present when dealing with owners of properties in foreclosure. They could be opposed to allowing an inspection of the property. They may have deserted the property already and/or neglected care of the property for quite awhile - or unfortunately, ransacked the property. You will be interested in a quick disposition if the property has changed to bank owned. So you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs done to it, with the work needed to make the house marketable at full market value commensurate with the other houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the specific circumstances of a Real Estate Owned home, in addition to the unique data you will need -- competing listings, neighborhood trends, and so forth. You can rely on Advantage Appraisal Service Inc to take on the task of your REO with expertise and professionalism. Contact us today. |