|
|
Kenny G. Adams is the company you should trust when you need appraisals for foreclosures in southern California Houses in foreclosure and homes that have reverted to the institution's control create specific appraisal difficulties.
When there is a home in foreclosure, it's important to understand fair market value versus "quick disposition" assessment to evaluate your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time constraints.
 |
 |
 |
You need a company with the experience to work with the particular dynamics of a foreclosure appraisal. Contact Kenny G. Adams for a company you can rely on. |
|
|
Owners of properties in foreclosure could be uncooperative to allowing an inspection of the house, thus presenting special challenges. If they abandoned the property already, they might have neglected care of the home for a long time - or even worse, damaged the property.
For a property that has already gone back to Real Estate Owned, you probably will want to get rid of it quickly. However, you may want to know about and analyze the definitions of "as-is", "as repaired", and "quick sale" values. These represent:
- The value of the property without any repairs performed
- Possible worth with the work required to make the house marketable at full market value - comparable with other houses in the neighborhood
- With minimal investment in repairs - to get rid of the property quickly, likely as a "fixer-upper"
Again, we understand your timeline and the special situation of an REO house, in addition to the specific data you'll need - competing listings, market trends, and so forth. You can rely on Kenny G. Adams to take on the appraisal of your REO with expertise and professionalism. Contact us today.
|
|
