REO Appraisal in Fresno CountyHomes that have reverted to the financial institution's ownership and homes in foreclosure bring forth special appraisal challenges. For a house in foreclosure, you need to understand the gap between the fair market and "quick disposition" value to know your probable charge-off liability. At Wulf Appraisal Corp., we have the background in both producing snapshots of fair market value for our mortgage clients, as well as "quick sale" forecasts that understand your urgency. You need a company with the expertise to work with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Wulf Appraisal Corp.. Occupants of homes in foreclosure may be uncooperative to allowing an inspection of the house, thus presenting particular challenges. They could have deserted the house already and/or overlooked the care of the property for awhile - or in some cases ransacked the home. You'll be interested in a quick disposition if the house has changed to Real Estate Owned. So you might want to know and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any repairs done to it, with the work necessary to make the property marketable at full market value appropriate with similar real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your time line and the unique situation of an REO house, as well as the unique information you'll need -- competing listings, market trends, and so forth. You can bank on Wulf Appraisal Corp. to take on the task of your bank owned property with expertise and professionalism. Contact us today. |