Young Real Estate Appraisals is a company you can trust when it comes to bank owned properties in Palm DesertHouses in foreclosure and houses that have gone back to the financial institution's possession create various appraisal problems. For a house in foreclosure, you should recognize the gap between the fair market worth and "quick disposition" value to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints. Young Real Estate Appraisals has the expertise to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Young Real Estate Appraisals. Unique challenges can be present when dealing with owners of property in foreclosure. They could be opposed to allowing an inspection of the property. They could have abandoned the home already and/or ignored the care of the home for awhile - or unfortunately, vandalized the property. If your property has already changed to bank owned, you will interested in a quick disposition. However, you may want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any work done to it, with the work called for to make the property marketable at full market value commensurate with the other houses in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the special circumstances of an REO house, in addition to the unique information you will need -- competing listings, market trends, and so forth. You can bank on Young Real Estate Appraisals to take on the task of your bank owned property professionally and efficiently. Contact us today. |