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Call Harold Canum's-Appraisal Resource when you need appraisals regarding San Diego foreclosures

Foreclosure and Real Estate Owned Appraisals in San Diego County

There are specific appraisal challenges when we're talking about a property in foreclosure or one that has gone back to the financial institution's possession.

When dealing with a home in foreclosure, it's important to ascertain market value versus a "quick disposition" price to analyze your potential charge-off liability. The professionals at Harold Canum's-Appraisal Resource can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that take into account your pressing needs.

The professionals at Harold Canum's-Appraisal Resource have the training to deal with the special dynamics of a foreclosure appraisal. Contact Harold Canum's-Appraisal Resource for a company you can count on.

Owners of houses in foreclosure, of course, can present specific challenges: For example, they might be opposed to allowing an inspection of the property. If they abandoned the home already, they may have overlooked the care of the house for a long time - or worse, damaged the property.

You will be interested in a quick disposition if the home has returned to Real Estate Owned. So you might want to know and compare three values: "as-is", "as repaired", and "quick sale". These represent:

  • The value of the home without any work done to it
  • Possible value with the work needed to make the property marketable at full market value - in accordance with similar real estate in the neighborhood
  • Somewhere in between, with minor investment in repairs - to offload the home quickly, seemingly to someone who'd rather finish the job themselves
Again, we understand your urgency and the specific situation of an REO property, in addition to the special information you'll need - competing listings, neighborhood trends, and the like. You can rely on Harold Canum's-Appraisal Resource to take on the appraisal of your REO professionally and efficiently. Contact us today.