Irvine Appraising Company is a company you can trust when you need appraisals for foreclosures
Properties that have gone back to the bank's control and houses in foreclosure bring forth various appraisal difficulties.
For a property in foreclosure, you might need to understand the gap between the fair market and "quick disposition" to know your likely charge-off liability. Irvine Appraising Company has the experience in both furnishing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into account your time constraints.
Irvine Appraising Company has the experience to work with the special dynamics of a foreclosure appraisal. Contact Irvine Appraising Company for a company you can trust.
Occupants of in foreclosure might be disinclined to allow an inspection of the house, thus presenting particular challenges. If they have abandoned the property already, they might have ignored the care of the property for quite some time - or even worse, damaged the property.
If your house has already changed to Real Estate Owned, you will interested in a quick disposition. But you may want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the work called for to make the home marketable at full market value appropriate with competing properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly to someone who'd rather finish the job themselves. Again, we understand your time line and the special situation of an REO property, as well as the special information you'll need -- competing listings, neighborhood trends, and so forth. You can rely on Irvine Appraising Company to take on the task of your REO professionally and efficiently. Contact us today.