DANIEL I KANDEL is a company you can trust when it comes to bank owned properties in Broward
Homes in foreclosure and properties that have returned to the financial institution's holding create unique appraisal difficulties.
You should recognize the difference between fair market value and "quick disposition" worth to know your probable charge-off liability when dealing with a house in foreclosure. DANIEL I KANDEL has the training in both producing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your urgency.
The professionals at DANIEL I KANDEL have the qualifications to work with the special dynamics of a foreclosure appraisal. Contact DANIEL I KANDEL for a company you can trust.
Special challenges can be present when dealing with owners of homes in foreclosure. They may be uncooperative to allowing an inspection of the home. If they moved out of the house already, they could have not taken care of the house for some time - or unfortunately, caused damage to the property.
You'll be interested in a quick disposition if the home has already reverted to REO. So you may want to know and review three values: as-is, as repaired, and "quick sale." These represent the value of the house without any repairs performed, with the repairs necessary to make the property marketable at full market value corresponding with similar houses in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the specific situation of a Real Estate Owned property, in addition to the specific data you will need -- competing listings, neighborhood trends, and so forth. You can rely on DANIEL I KANDEL to take on the task of your bank owned property with expertise and professionalism. Contact us today.