![]() Ulrich Appraisals LLC is experienced when it comes to bank owned properties in Santa ClaraHomes that have reverted to the bank's possession and properties in foreclosure bring forth various appraisal difficulties. You should recognize the difference between fair market price and "quick disposition" price to know what losses you might realize when dealing with a property in foreclosure. Ulrich Appraisals LLC has the training in both furnishing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your time constraints. You need a company who has the experience to work with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Ulrich Appraisals LLC. Owners of properties in foreclosure, of course, can present special challenges. They may be uncooperative to allowing an inspection of the home. If they abandoned the property already, they might have overlooked the care of the property for some time - or unfortunately, caused damage to the house. You will be interested in an expedited disposition if the house has already 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 property without any repairs done to it, with the repairs required to make the home 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, probably as a "fixer-upper". Again, we understand your urgency and the unique situation of an REO home, in addition to the specific information you will need -- competing listings, market trends, and the like. You can rely on Ulrich Appraisals LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today. |