Call Buenaventura Appraisal Company when you need valuations on Camarillo foreclosures

Buenaventura Appraisal Company is experienced when you need appraisals for bank owned properties in Camarillo County

There are special appraisal challenges involved in a home in foreclosure or one that has returned to the lender's ownership.

For a home in foreclosure, you would be wise to understand the difference between market value and a "quick disposition" to know your probable charge-off liability. The professionals at Buenaventura Appraisal Company can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time line.

You need a company with the expertise to work with the special dynamics of a foreclosure appraisal. Contact Buenaventura Appraisal Company for a company you can trust.

Owners of homes in foreclosureunfortunately can present specific challenges. For example, they may be disinclined to allow an inspection of the home. Sometimes the properties show signs of vandalism, often at the hands of the residents. Or, it's common to find a house at least abandoned or the home languishing in disrepair for extended periods of time.

For real estate that has gone back to REO, you probably will be interested in an expeditious resolution. Regardless, you'll still want to consider three ways of looking at the value of the asset:

  • As Repaired. Value with the work necessary to make the home marketable at full market value - in accordance with other homes in the neighborhood
  • As-is. The value of the house without any repairs done to it
  • Quick sale. With minimal investment in repairs - to offload the property quickly, most likely to someone who'd prefer to finish the job themselves
Again, we understand your urgency and the special situation of a bank owned house, in addition to the special data you'll need - competing listings, neighborhood trends, and so forth. You can bank on Buenaventura Appraisal Company to handle the appraisal of your REO with expertise and professionalism. Contact us today.