Appraisal Advisors Group is experienced when it comes to bank owned properties in Caguas
There are specific appraisal difficulties when we're talking about a property in foreclosure or one that has reverted to the bank's possession.
When dealing with a house in foreclosure, it's important to ascertain the difference between fair market price and "quick disposition" value to evaluate your potential charge-off liability. Appraisal Advisors Group has the experience in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your urgency.
We have the qualifications to deal with the special dynamics of a foreclosure appraisal. Contact Appraisal Advisors Group for a company you can rely on.
Unique challenges can be present when dealing with owners of homes in foreclosure. They might be uncooperative to allowing an inspection of the home. If they moved out of the house already, they could have overlooked the care of the home for awhile - or unfortunately, ransacked the property.
You will be interested in a fast disposition if the house has gone back to REO. So you might want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any work performed, with the work necessary to make the home marketable at full market value comparable with similar homes in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your timeline and the special circumstances of an REO property, as well as the special data you will need -- competing listings, neighborhood trends, and so forth. You can rely on Appraisal Advisors Group to take on the task of your bank owned property professionally and efficiently. Contact us today.