A J REAL ESTATE APPRAISAL SERVICES is the company you should trust when it comes to bank owned properties in Sacramento CountyHomes that have reverted to the bank's control and properties in foreclosure create specific appraisal problems.
When there is a house in foreclosure, you need to know market value versus a "quick disposition" assessment to evaluate your likely charge-off liability. At A J REAL ESTATE APPRAISAL SERVICES, we have the background in both supplying snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that consider your urgency.
Occupants of homes in foreclosure may be disinclined to allow an inspection of the house, thus presenting specific challenges. Sometimes the homes show signs of vandalism, often by the residents themselves. Or, it's likely you'll find the residents have moved out or the home neglected for extended periods of time.
For a property that has reverted to Real Estate Owned, you probably will want it off your hands as quickly as possible. But you might want to know and examine three values - "as-is", "as repaired", and "quick sale". These symbolize: