REO Appraisal in Broward CountyHouses that have reverted to the financial institution's control and houses in foreclosure create special appraisal difficulties. It's vital to ascertain the difference between fair market worth and "quick disposition" value to know your possible charge-off liability when dealing with a property in foreclosure. At DANIEL I KANDEL, we have the knowledge in both furnishing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency. You need a company who has the experience to deal with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact DANIEL I KANDEL. Owners of properties in foreclosure, of course, can present particular challenges. They may be opposed to allowing an inspection of the property. They could have moved out of the home already and/or neglected care of the property for awhile - or gone as far as intentionally harmed the house. You will be interested in an expeditious disposition if the home has already gone back to bank owned. So you might want to understand and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any repairs done to it, with the repairs necessary to make the property marketable at full market value appropriate with the other homes in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your time line and the specific circumstances of a bank owned property, in addition to the specific data you will need -- competing listings, neighborhood trends, and the like. You can bank on DANIEL I KANDEL to take on the appraisal of your REO professionally and efficiently. Contact us today. |