Century Appraising Services is experienced when you need appraisals for bank owned properties in SylmarHomes that have returned to the financial institution's possession and homes in foreclosure bring forth various appraisal difficulties. You need to recognize the difference between fair market price and "quick disposition" worth to know your probable charge-off liability when dealing with a home in foreclosure. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time line. Century Appraising Services has the expertise to work with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Century Appraising Services. Occupants of in foreclosure might be opposed to allowing an inspection of the house, thus presenting specific challenges. They may have left the home already and/or ignored the care of the house for a long time - or in some cases damaged the house. You will be interested in an expedited disposition if the house has returned to REO. So you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work done to it, with the work needed to make the home marketable at full market value appropriate with similar houses in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your time line and the special situation of a Real Estate Owned property, in addition to the specific information you'll need -- competing listings, market trends, and so forth. You can rely on Century Appraising Services to take on the appraisal of your REO professionally and efficiently. Contact us today. |