Call Quality Appraisal Solution and Services when you need appraisals regarding Ventura foreclosures

Quality Appraisal Solution and Services is the company you should trust when it comes to foreclosures in Ventura County

There are various appraisal problems involved in a house in foreclosure or one that has reverted to the institution's holding.

It's vital to differentiate the meanings of "market value" and a "quick disposition" value to know what losses you might realize when dealing with a home in foreclosure. At Quality Appraisal Solution and Services, we have the experience in both furnishing snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your pressing needs.

Quality Appraisal Solution and Services has the qualifications to deal with the unique dynamics of a foreclosure appraisal. Contact Quality Appraisal Solution and Services for a company you can rely on.

Owners of houses in foreclosure, naturally, can present specific challenges. For example, they could be disinclined to allow the appraiser access to the house. If they abandoned the property already, they might have not taken care of the home for quite some time - or even worse, damaged the property.

For a house that has changed to REO, you most likely will be seeking a quick disposition. Regardless, you'll still want to consider three angles for figuring the value of the real estate at hand:

  • As Repaired. Possible market value with the work due to make the house marketable at full market value - consistent with competing properties in the neighborhood
  • As-is. The value of the house without any work performed
  • Quick sale. With minor investment in repairs - to get rid of the property quickly, probably as a "fixer-upper"
Again, we understand your time line and the unique situation of a Real Estate Owned home, in addition to the specific data you'll need - competing listings, neighborhood trends, and so forth. You can bank on Quality Appraisal Solution and Services to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.