Paradise Appraisals & Inspections Inc. is the company you should trust when it comes to bank owned properties in Naples, FloridaReal Estate in foreclosure and homes that have returned to the institution's ownership present specific appraisal difficulties.
When there is a property in foreclosure, you should understand market value versus a "quick disposition" price to analyze your likely charge-off liability. The professionals at Paradise Appraisals & Inspections Inc. can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that take into account your time constraints.
Owners of property in foreclosure, naturally, can present unique challenges: For example, they may be disinclined to allow an inspection of the home. They may have deserted the house already and/or overlooked the care of the home for some time - or worse, intentionally harmed the home.
If you're dealing with property that has already gone back to bank owned, you will interested in an expeditious disposition. However, you might want to understand and analyze three values: as-is, as repaired, and "quick sale". These correspond to: