![]() Real Estate Owned and Foreclosure Appraisals in Fresno CountyThere are specific appraisal problems regarding a house in foreclosure or one that has gone back to the financial institution's possession. You should recognize the difference between fair market value and "quick disposition" worth to know your potential charge-off liability when dealing with a home in foreclosure. The professionals at Go Appraisals can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time constraints. You need a company who has the qualifications to deal with the particular dynamics of a foreclosure appraisal. Contact Go Appraisals for a company you can count on. Owners of houses in foreclosure, of course, can present unique challenges. They could be opposed to allowing an inspection of the house. They may have deserted the house already and/or overlooked the care of the house for awhile - or unfortunately, vandalized the house. For real estate that has already gone back to Real Estate Owned, you most likely will be interested in a quick resolution . However, you may want to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs done to it, with the work necessary to make the home marketable at full market value appropriate with competing homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly to someone who'd rather finish the job themselves. Again, we understand your time line and the special circumstances of a bank owned home, as well as the unique information you'll need -- competing listings, market trends, and so forth. You can count on Go Appraisals to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today. |