All City Appraisal is experienced when you need appraisals for foreclosures in Woodland Hills
Properties that have gone back to the bank's possession and properties in foreclosure bring forth various appraisal problems.
For a house in foreclosure, you need to recognize the difference between fair market price and "quick disposition" to know your probable charge-off liability. At All City Appraisal, we have the training in both providing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your timeline.
All City Appraisal has the experience to deal with the specific dynamics of a foreclosure appraisal. Contact All City Appraisal for a company you can rely on.
Occupants of property in foreclosure may be unwilling to allow an inspection of the property, thus presenting special challenges. They may have left the home already and/or neglected care of the home for a long time - or worse, intentionally harmed the property.
If your home has already gone back to REO, you will interested in a fast disposition. However, you might want to know and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any work done to it, with the work called for to make the home marketable at full market value appropriate with competing homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the unique situation of a Real Estate Owned home, as well as the specific information you will need -- competing listings, neighborhood trends, and so forth. You can rely on All City Appraisal to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.