Property Valuation Group is experienced when it comes to foreclosures in Oakland
Properties in foreclosure and houses that have returned to the institution's holding bring forth special appraisal challenges.
For a house in foreclosure, you might need to know the gap between the fair market worth and "quick disposition" worth to know your probable charge-off liability. At Property Valuation Group, we have the training in both producing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time line.
Property Valuation Group has the training to handle the particular dynamics of a foreclosure appraisal. Contact Property Valuation Group for a company you can trust.
Owners of houses in foreclosure, of course, can present unique challenges. They could be uncooperative to allowing an inspection of the home. They could have abandoned the property already and/or neglected care of the home for a long time - or in some cases vandalized the property.
You will be interested in a quick disposition if the house has gone back to bank owned. So you might want to know and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work performed, with the repairs called for to make the house marketable at full market value consistent with the other properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the specific circumstances of an REO house, in addition to the specific information you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Property Valuation Group to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.