Kevin Lawrence is a company you can trust when it comes to bank owned properties in San DiegoProperties that have reverted to the bank's possession and houses in foreclosure bring forth particular appraisal challenges. For a property in foreclosure, you may need to recognize the difference between the fair market value and "quick disposition" value to know your likely charge-off liability. The professionals at Kevin Lawrence can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your time line. The professionals at Kevin Lawrence have the expertise to handle the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Kevin Lawrence. Owners of homes in foreclosure, of course, can present specific challenges. They could be disinclined to allow an inspection of the property. Sometimes the homes have been intentionally damaged, often by the residents themselves. Or, it's common to find the residents have moved out or the home languishing in disrepair for long of time. You'll be interested in an expedited disposition if the home has gone back to bank owned. So you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any work done to it, with the repairs due to make the property marketable at full market value commensurate with competing properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the specific situation of a bank owned property, as well as the specific information you'll need -- competing listings, market trends, and the like. You can bank on Kevin Lawrence to handle the appraisal of your REO with expertise and professionalism. Contact us today. |