DANIEL I KANDEL is experienced when it comes to foreclosures in Weston/Ft. Lauderdale
Houses in foreclosure and houses that have reverted to the bank's possession present specific appraisal challenges.
You need to know the difference between fair market price and "quick disposition" value to know your potential charge-off liability when dealing with a home in foreclosure. DANIEL I KANDEL has the training in both furnishing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time line.
The professionals at DANIEL I KANDEL have the expertise to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact DANIEL I KANDEL.
Owners of property in foreclosure, of course, can present particular challenges. They may be disinclined to allow an inspection of the property. They may have deserted the house already and/or neglected care of the home for awhile - or even worse, intentionally harmed the home.
You'll be interested in an expedited disposition if the home has gone back to REO. So you need to know and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work performed, with the work called for to make the house marketable at full market value corresponding with the other real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the specific circumstances of a Real Estate Owned house, as well as the unique data you'll need -- competing listings, market trends, and so forth. You can count on DANIEL I KANDEL to handle the task of your REO professionally and efficiently. Contact us today.