Real Estate Owned and Foreclosure Appraisal in Palm Beach County

For a house in foreclosure, you definitely need to recognize the difference between market and a "quick disposition" value to know your possible charge-off liability. The professionals at Cobian Appraisal Group can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your pressing needs.

	You need a company who has the expertise to work with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Cobian Appraisal Group.

Owners of homes in foreclosure, of course, can present particular challenges: For example, they might be unwilling to allow an inspection of the home. Often the houses show signs of vandalism, often by the former residents. Or, it's common to find the previous owners have moved out or the home languishing in disrepair for long periods of time.

If you're dealing with a house that has already reverted to REO, you will interested in an expedited disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale". These symbolize:

• The value of the property without any work done to it
• Possible value with the work needed to make the property marketable at full market value - in accordance with competing real estate in the area
• With minimal investment in repairs - to offload the property quickly, probably as a "fixer-upper"