Property Valuation Group is a company you can trust when it comes to foreclosures in Oakland
There are particular appraisal problems when it comes to a house in foreclosure or one that has gone back to the lender's holding.
For a property in foreclosure, you may need to recognize the gap between the fair market value and "quick disposition" worth to know your potential charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time constraints.
The professionals at Property Valuation Group have the experience to work with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Property Valuation Group.
Unique challenges can be present when dealing with owners of homes in foreclosure. They could be disinclined to allow an inspection of the home. If they left the property already, they may have ignored the care of the home for some time - or even worse, caused damage to the home.
If your property has returned to REO, you will interested in a fast disposition. But you might want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any repairs done to it, with the repairs needed to make the property marketable at full market value commensurate with competing houses in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the specific situation of a Real Estate Owned house, as well as the specific information you will need -- competing listings, neighborhood trends, and the like. You can bank on Property Valuation Group to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.