DANIEL I KANDEL is experienced when you need appraisals for foreclosures in Weston/Ft. Lauderdale
Properties that have returned to the bank's holding and properties in foreclosure bring forth particular appraisal difficulties.
You need to ascertain the difference between fair market worth and "quick disposition" worth to analyze what losses you could realize when dealing with a property in foreclosure. DANIEL I KANDEL has the training in both furnishing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your timeline.
You need a company with the expertise to handle the specific dynamics of a foreclosure appraisal. Contact DANIEL I KANDEL for a company you can rely on.
Owners of properties in foreclosure, of course, can present special challenges. They might be uncooperative to allowing an inspection of the house. Often the subjects have been vandalized, often at the hands of the residents themselves. Or, it's likely you'll discover nobody has occupied the house for months or the home neglected for long of time.
If your house has already reverted to Real Estate Owned, you will interested in a speedy disposition. But you might want to know and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any work done to it, with the work needed to make the house marketable at full market value comparable with competing homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the specific situation of an REO property, as well as the unique 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.