Gold Coast Valuations is a company you can trust when it comes to foreclosures in OrangevaleThere are special appraisal difficulties when we're talking about a property in foreclosure or one that has gone back to the lender's holding. When dealing with a house in foreclosure, it's important to understand the difference between fair market value and "quick disposition" worth to know your potential charge-off liability. At Gold Coast Valuations, we have the knowledge in both supplying snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your urgency. You need a company with the experience to handle the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Gold Coast Valuations. Owners of property in foreclosure, of course, can present special challenges. They may be opposed to allowing an inspection of the home. Often the subjects show signs of vandalism, unfortunately at the hands of the former residents. Or, it's common to discover a house at a minimum abandoned or the home languishing in disrepair for extended periods of time. For real estate that has changed to REO, you probably will be going for an expeditious resolution . However, you might want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs performed, with the work needed to make the house marketable at full market value consistent with similar properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely to someone who'd rather finish the job themselves. Again, we understand your time line and the unique circumstances of an REO home, as well as the unique information you will need -- competing listings, neighborhood trends, and the like. You can bank on Gold Coast Valuations to handle the appraisal of your REO professionally and efficiently. Contact us today. |