![]() A.M. Appraisal is a company you can trust when it comes to bank owned properties in Mission ViejoHouses in foreclosure and homes that have gone back to the bank's control present special appraisal difficulties. For a property in foreclosure, you may need to understand the gap between fair market worth and "quick disposition" price to know your likely charge-off liability. The professionals at A.M. Appraisal can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into account your timeline. You need a company with the qualifications to deal with the particular dynamics of a foreclosure appraisal. Contact A.M. Appraisal for a company you can count on. Particular challenges might be present when working with owners of houses in foreclosure. They may be unwilling to allow an inspection of the house. Sometimes the homes have been intentionally damaged, unfortunately by the former residents themselves. Or, it's likely you'll discover nobody has occupied the house for months or the home neglected for extended periods of time. If your home has already returned to Real Estate Owned, you will interested in a speedy disposition. But you may want to know and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work done to it, with the repairs needed to make the house marketable at full market value comparable with the other homes in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your time line and the specific situation of a bank owned home, in addition to the specific data you will need -- competing listings, neighborhood trends, and so forth. You can count on A.M. Appraisal to handle the task of your REO with expertise and professionalism. Contact us today. |