Peterson Appraisal Group is experienced when you need appraisals for bank owned properties in RocklinHomes that have reverted to the bank's control and homes in foreclosure present unique appraisal problems. When dealing with a house in foreclosure, it's important to differentiate the difference between fair market price and "quick disposition" worth to evaluate your probable charge-off liability. At Peterson Appraisal Group, we have the background in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency. You need a company who has the experience to deal with the unique dynamics of a foreclosure appraisal. Contact Peterson Appraisal Group for a company you can count on. Owners of houses in foreclosure, of course, can present unique challenges. They might be uncooperative to allowing an inspection of the property. Often the houses have been intentionally damaged, often by the residents themselves. Or, it's likely you'll discover a house at least abandoned or the home neglected for extended periods of time. If your house has changed to Real Estate Owned, you will interested in a quick disposition. However, you may want to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the repairs required to make the property marketable at full market value corresponding with competing properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the unique circumstances of an REO house, in addition to the specific data you'll need -- competing listings, neighborhood trends, and so forth. You can count on Peterson Appraisal Group to take on the task of your bank owned property professionally and efficiently. Contact us today. |