Kopaniasz Appraisals, Inc. is experienced when it comes to foreclosures in San Diego, CaliforniaHouses that have returned to the bank's control and homes in foreclosure bring forth particular appraisal difficulties.
It's important to know the meanings of "market value" and a "quick disposition" value to evaluate your possible write-down liability when dealing with a house in foreclosure. The professionals at Kopaniasz Appraisals, Inc. can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time line.
Particular challenges might be present when working with owners of houses in foreclosure. They might be disinclined to allow an inspection of the house. If they deserted the property already, they might have ignored the care of the house for awhile - or even worse, ransacked the property.
For a house that has gone back to REO, you probably will want to get rid of it quickly. But you may want to know about and review the concepts of "as-is", "as repaired", and "quick sale" values. These symbolize: