![]() Solid Foundation Appraisals is experienced when it comes to foreclosures in Santa RosaHomes that have gone back to the institution's possession and homes in foreclosure bring forth particular appraisal difficulties. It's vital to know the difference between fair market value and "quick disposition" price to evaluate what losses you might realize when dealing with a house in foreclosure. The professionals at Solid Foundation Appraisals can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency. We have the experience to work with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Solid Foundation Appraisals. Owners of houses in foreclosure, of course, can present specific challenges. They might be uncooperative to allowing an inspection of the house. Often the properties have been intentionally damaged, often by the former residents. Or, it's common to find a house at least abandoned or the home neglected for extended periods of time. For real estate that has returned to bank owned, you typically will want it off your hands as quickly as possible . But you may want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any work done to it, with the work necessary to make the house marketable at full market value corresponding with similar houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the special situation of a bank owned property, as well as the special data you'll need -- competing listings, market trends, and the like. You can rely on Solid Foundation Appraisals to take on the task of your bank owned property professionally and efficiently. Contact us today. |