DANIEL I KANDEL is a company you can trust when it comes to bank owned properties in Weston/Ft. Lauderdale
Real Estate in foreclosure and houses that have returned to the bank's control bring forth particular appraisal difficulties.
When there is a house in foreclosure, you need to understand the difference between fair market worth and "quick disposition" price to evaluate your potential charge-off liability. The professionals at DANIEL I KANDEL can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your urgency.
The professionals at DANIEL I KANDEL have the training to work with the particular dynamics of a foreclosure appraisal. Contact DANIEL I KANDEL for a company you can count on.
Special challenges might be present when working with owners of homes in foreclosure. They could be uncooperative to allowing an inspection of the home. They might have abandoned the home already and/or neglected care of the home for a long time - or worse, damaged the property.
For a home that has returned to bank owned, you typically will want it off your hands as quickly as possible . However, you might want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work performed, with the work due to make the house marketable at full market value commensurate with competing properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique situation of an REO home, as well as the special data you'll need -- competing listings, market trends, and the like. You can count on DANIEL I KANDEL to handle the task of your REO professionally and efficiently. Contact us today.