Young Real Estate Appraisals is a company you can trust when it comes to bank owned properties in Palm Desert
Properties that have returned to the financial institution's ownership and houses in foreclosure present various appraisal difficulties.
It's vital to recognize the difference between fair market price and "quick disposition" worth to evaluate your probable charge-off liability when dealing with a property in foreclosure. Young Real Estate Appraisals has the background in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into consideration your time constraints.
The professionals at Young Real Estate Appraisals have the training to handle the particular dynamics of a foreclosure appraisal. Contact Young Real Estate Appraisals for a company you can trust.
Owners of houses in foreclosure might be uncooperative to allowing an inspection of the property, thus presenting particular challenges. If they abandoned the house already, they could have neglected care of the house for awhile - or even worse, damaged the property.
If your house has changed to Real Estate Owned, you will interested in a speedy disposition. But you may want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any work performed, with the repairs due to make the house marketable at full market value consistent with the other properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the unique situation of a bank owned house, in addition to the special data you will need -- competing listings, market trends, and so forth. You can rely on Young Real Estate Appraisals to take on the appraisal of your REO professionally and efficiently. Contact us today.