profile picture

Call Carolyn D. Breeding, Appraisal Services to discuss appraisals regarding Stanislaus foreclosures

Carolyn D. Breeding, Appraisal Services is the company you should trust when it comes to foreclosures in Turlock, California

There are various appraisal challenges for a home in foreclosure or one that has reverted to the institution's holding.

It's vital to understand the meanings of "market value" and a "quick disposition" value to analyze what losses you might sustain when dealing with a home in foreclosure. At Carolyn D. Breeding, Appraisal Services, we have the background in both providing snapshots of market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that consider your time line.

We have the qualifications to handle the unique dynamics of a foreclosure appraisal. Contact Carolyn D. Breeding, Appraisal Services for a company you can rely on.

Occupants of property in foreclosure may be opposed to allowing an inspection of the home, thus presenting unique challenges. Often the homes show signs of vandalism, unfortunately by the former residents. Or, it's likely you'll discover a house at least abandoned or the home languishing in disrepair for extended periods of time.

For a property that has changed to Real Estate Owned, you most likely will be interested in a fast disposition. In any case, you'll still want to consider three ways of determining the value of the subject property:

  • As Repaired. Value with the repairs needed to make the house marketable at full market value - appropriate with other homes in the neighborhood
  • As-is. The market value of the house without any work done to it
  • Quick sale. With minor investment in repairs - to offload the property quickly, seemingly to someone who'd rather finish the job themselves
Again, we understand your time line and the special circumstances of an REO property, as well as the specific information you will need - competing listings, neighborhood trends, and so forth. You can bank on Carolyn D. Breeding, Appraisal Services to handle the appraisal of your REO professionally and efficiently. Contact us today.