Di Cicco & Associates is experienced when it comes to foreclosures in Palm BeachProperties that have returned to the bank's holding and houses in foreclosure bring forth special appraisal problems. It's key to understand the difference between fair market price and "quick disposition" value to analyze what losses you could sustain when dealing with a property in foreclosure. At Di Cicco & Associates, we have the training in both producing snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your timeline. Di Cicco & Associates has the training to handle the specific dynamics of a foreclosure appraisal. Contact Di Cicco & Associates for a company you can trust. Occupants of properties in foreclosure could be unwilling to allow an inspection of the house, thus presenting specific challenges. Sometimes the properties have been intentionally damaged, unfortunately by the residents. Or, it's likely you'll discover nobody has occupied the house for months or the home neglected for extended periods of time. You will be interested in a speedy disposition if the house has already gone back to bank owned. So you need to know and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any repairs performed, with the work called for to make the home marketable at full market value corresponding with the other homes in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the unique circumstances of a Real Estate Owned house, as well as the specific data you'll need -- competing listings, market trends, and so forth. You can rely on Di Cicco & Associates to take on the task of your bank owned property with expertise and professionalism. Contact us today. |