DANIEL I KANDEL is a company you can trust when you need appraisals for bank owned properties in Weston/Ft. Lauderdale
Homes that have gone back to the institution's ownership and homes in foreclosure create unique appraisal challenges.
For a home in foreclosure, you might need to recognize the gap between the fair market and "quick disposition" to know your likely charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your time constraints.
We have the expertise to deal with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact DANIEL I KANDEL.
Owners of dwellings in foreclosure may be unwilling to allow an inspection of the house, thus presenting unique challenges. They could have deserted the property already and/or ignored the care of the home for quite awhile - or worse, ransacked the home.
You'll be interested in an expeditious disposition if the house has changed to bank owned. So you might want to know and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any work done to it, with the repairs due to make the house marketable at full market value commensurate with competing properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the unique situation of a bank owned house, in addition to the special information you will need -- competing listings, neighborhood trends, and the like. You can bank on DANIEL I KANDEL to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.