![]() Cactus Appraisal is a company you can trust when it comes to foreclosuresThere are various appraisal difficulties when we're talking about a property in foreclosure or one that has gone back to the lender's ownership. When there is a property in foreclosure, it's important to differentiate the difference between fair market worth and "quick disposition" value to know your probable charge-off liability. At Cactus Appraisal, we have the experience in both providing snapshots of fair market value for our mortgage clients, as well as "quick sale" forecasts that understand your time constraints. Cactus Appraisal has the training to deal with the particular dynamics of a foreclosure appraisal. Contact Cactus Appraisal for a company you can count on. Owners of dwellings in foreclosure may be opposed to allowing an inspection of the home, thus presenting special challenges. They might have left the property already and/or neglected care of the property for quite awhile - or gone as far as damaged the house. If your house has gone back to bank owned, you will interested in a speedy disposition. But you might want to know about and examine three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any repairs performed, with the repairs required to make the property marketable at full market value commensurate with similar real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the specific circumstances of a Real Estate Owned house, as well as the specific data you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Cactus Appraisal to handle the appraisal of your REO professionally and efficiently. Contact us today. |