REO and Foreclosure Appraisals in Palm Beach CountyHomes in foreclosure and homes that have gone back to the institution's holding create special appraisal difficulties. For a home in foreclosure, you need to understand the difference between fair market worth and "quick disposition" value to know your likely charge-off liability. Di Cicco & Associates has the experience in both furnishing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into account your time constraints. The professionals at Di Cicco & Associates have the experience to work with the particular dynamics of a foreclosure appraisal. Contact Di Cicco & Associates for a company you can rely on. Owners of properties in foreclosure could be unwilling to allow an inspection of the home, thus presenting specific challenges. They may have moved out of the home already and/or overlooked the care of the home for a long time - or worse, caused damage to the house. If your house has gone back to bank owned, you will interested in a fast disposition. However, you may want to know and review three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any repairs done to it, with the repairs required to make the house marketable at full market value commensurate with similar houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the special circumstances of a bank owned home, as well as the specific data you will need -- competing listings, market trends, and the like. You can bank on Di Cicco & Associates to handle the task of your REO professionally and efficiently. Contact us today. |