DANIEL I KANDEL is a company you can trust when you need appraisals for foreclosures in Broward
Houses in foreclosure and homes that have returned to the institution's control create unique appraisal challenges.
When there is a property in foreclosure, it's important to know the difference between fair market value and "quick disposition" value to evaluate 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 respect your timeline.
The professionals at DANIEL I KANDEL have the expertise to deal with the special dynamics of a foreclosure appraisal. Contact DANIEL I KANDEL for a company you can trust.
Owners of houses in foreclosure, of course, can present specific challenges. They could be disinclined to allow an inspection of the home. They may have left the home already and/or overlooked the care of the property for some time - or gone as far as damaged the property.
If your home has returned to REO, you will interested in a quick disposition. But you may want to know and compare three values: as-is, as repaired, and "quick sale." These represent the value of the home without any repairs performed, with the repairs necessary to make the property marketable at full market value comparable with similar properties in the neighborhood, and, somewhere in the middle, with minimal 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 unique circumstances of a Real Estate Owned property, in addition to the specific data you will need -- competing listings, neighborhood trends, and the like. You can count on DANIEL I KANDEL to take on the task of your bank owned property professionally and efficiently. Contact us today.