Hemet Appraisers is a company you can trust when you need appraisals for bank owned properties in SW Riverside County
Properties in foreclosure and properties that have returned to the institution's holding present specific appraisal difficulties.
For a house in foreclosure, you might need to recognize the difference between fair market value and "quick disposition" price to know your probable charge-off liability. 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.
You need a company who has the experience to work with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Hemet Appraisers.
Occupants of property in foreclosure could be opposed to allowing an inspection of the house, thus presenting particular challenges. If they moved out of the home already, they may have neglected care of the house for a long time - or even worse, ransacked the house.
For real estate that has returned to REO, you most likely will want it off your hands as quickly as possible . But you may want to know about and compare three values: as-is, as repaired, and "quick sale." These represent the value of the home without any work performed, with the repairs needed to make the house marketable at full market value consistent with similar properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the unique circumstances of a Real Estate Owned home, in addition to the special information you will need -- competing listings, neighborhood trends, and so forth. You can bank on Hemet Appraisers to take on the task of your bank owned property professionally and efficiently. Contact us today.