Call CAAR GROUP when you need appraisals pertaining to Moca foreclosures

Real Estate Owned Appraisal in Moca County

There are unique appraisal challenges for a property in foreclosure or one that has gone back to the lender's control.

For a home in foreclosure, you need to recognize the difference between market value and a "quick disposition" assessment to know your probable charge-off liability. We can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time constraints.

The professionals at CAAR GROUP have the qualifications to handle the special dynamics of a foreclosure appraisal. For a company you can count on, contact CAAR GROUP.

Owners of homes in foreclosure can present specific challenges: They might be opposed to allowing the appraiser access to the house. If they deserted the house already, they could have ignored the care of the home for quite awhile - or even worse, ransacked the house.

For real estate that has already changed to REO, you most likely will want to get rid of it quickly. Regardless, you'll still want to consider three ways of determining the value of the subject property:

  • As Repaired. Value with the work called for to make the home marketable at full market value - in accordance with similar houses in the neighborhood
  • As-is. The market value of the home without any work performed
  • Quick sale. With minor investment in repairs - to offload the property quickly, likely as a "fixer-upper"
Again, we understand your timeline and the special circumstances of an REO home, in addition to the specific data you will need - competing listings, neighborhood trends, and the like. You can count on CAAR GROUP to handle the task of your bank owned property with expertise and professionalism. Contact us today.