Kathleen Westoby Berengue, CRA is a company you can trust when it comes to bank owned properties in Roseville
There are unique appraisal difficulties regarding a home in foreclosure or one that has gone back to the institution's ownership.
When dealing with a home in foreclosure, you need to recognize the difference between fair market value and "quick disposition" worth to analyze your possible charge-off liability. Kathleen Westoby Berengue, CRA has the background in both providing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your time line.
The professionals at Kathleen Westoby Berengue, CRA have the training to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Kathleen Westoby Berengue, CRA.
Unique challenges can be present when working with owners of properties in foreclosure. They could be uncooperative to allowing an inspection of the property. They may have deserted the property already and/or neglected care of the house for some time - or in some cases intentionally harmed the property.
If your home has already returned to Real Estate Owned, you will interested in an expedited disposition. However, you might want to know about and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work performed, with the work necessary to make the home marketable at full market value corresponding with similar properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your urgency and the unique circumstances of a Real Estate Owned property, as well as the special information you'll need -- competing listings, market trends, and so forth. You can bank on Kathleen Westoby Berengue, CRA to take on the task of your REO with expertise and professionalism. Contact us today.