A.M. Appraisal is experienced when you need appraisals for foreclosures in Orange
Properties that have reverted to the financial institution's possession and properties in foreclosure create special appraisal difficulties.
When there is a property in foreclosure, you need to recognize the difference between fair market worth and "quick disposition" value to evaluate your likely charge-off liability. At A.M. Appraisal, we have the knowledge in both supplying snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your timeline.
The professionals at A.M. Appraisal have the expertise to handle the specific dynamics of a foreclosure appraisal. Contact A.M. Appraisal for a company you can rely on.
Occupants of dwellings in foreclosure may be unwilling to allow an inspection of the house, thus presenting unique challenges. Sometimes the subjects show signs of vandalism, unfortunately at the hands of the former residents. Or, it's common to find nobody has lived in house for months or the home neglected for long of time.
If your house has already returned to bank owned, you will interested in an expedited disposition. However, you may want to know about and review three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any repairs performed, with the work needed to make the property marketable at full market value corresponding with similar houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the unique circumstances of a bank owned property, as well as the specific data you'll need -- competing listings, neighborhood trends, and the like. You can bank on A.M. Appraisal to take on the appraisal of your REO professionally and efficiently. Contact us today.