Appraisal Advisors Group is experienced when it comes to foreclosures in Caguas
There are specific appraisal difficulties for a property in foreclosure or one that has gone back to the bank's holding.
For a house in foreclosure, you might need to recognize the difference between the fair market price and "quick disposition" worth to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your urgency.
We have the experience to handle the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Appraisal Advisors Group.
Occupants of in foreclosure might be disinclined to allow an inspection of the property, thus presenting special challenges. If they deserted the home already, they could have overlooked the care of the home for awhile - or unfortunately, ransacked the home.
You'll be interested in a quick disposition if the house has already gone back to bank owned. So you need to know and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs performed, with the repairs necessary to make the home marketable at full market value consistent with competing houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your urgency and the unique situation of a bank owned house, in addition to the special information you will need -- competing listings, neighborhood trends, and the like. You can count on Appraisal Advisors Group to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.