DANIEL I KANDEL is a company you can trust when it comes to foreclosures in Weston/Ft. Lauderdale
Houses in foreclosure and properties that have reverted to the financial institution's possession present particular appraisal problems.
You should know the difference between fair market worth and "quick disposition" value to evaluate your possible charge-off liability when dealing with a home in foreclosure. We can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency.
We have the training to handle 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 houses in foreclosure. They might be opposed to allowing an inspection of the property. They may have abandoned the property already and/or overlooked the care of the home for a long time - or in some cases vandalized the house.
You'll be interested in a speedy disposition if the home has already gone back to Real Estate Owned. So you need to understand and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any repairs performed, with the work due to make the property marketable at full market value comparable with the other properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the special situation of a bank owned home, in addition to the unique data you'll need -- competing listings, neighborhood trends, and the like. You can count on DANIEL I KANDEL to take on the appraisal of your REO with expertise and professionalism. Contact us today.