Peiffer Appraisals is experienced when you need appraisals for bank owned properties in the Central Valley AreaThere are specific appraisal problems for a property in foreclosure or one that has gone back to the lender's possession. For a house in foreclosure, you may need to recognize the gap between the fair market value and "quick disposition" worth to know your probable charge-off liability. At Peiffer Appraisals, we have the experience in both producing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line. The professionals at Peiffer Appraisals have the qualifications to deal with the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Peiffer Appraisals. Owners of property in foreclosure, of course, can present unique challenges. They may be opposed to allowing an inspection of the property. If they left the home already, they could have ignored the care of the home for some time - or worse, caused damage to the home. For a house that has reverted to Real Estate Owned, you likewise will be interested in an expedited disposition . But you might want to understand and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the work needed to make the house marketable at full market value appropriate with similar properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly to someone who'd prefer to finish the job themselves. Again, we understand your time line and the unique circumstances of a Real Estate Owned house, as well as the unique data you will need -- competing listings, market trends, and so forth. You can count on Peiffer Appraisals to handle the task of your bank owned property professionally and efficiently. Contact us today. |