The Mason Group is the company you should trust when you need appraisals for foreclosures in Riverside County and Los Angeles County.Properties that have reverted to the bank's control and houses in foreclosure bring forth particular appraisal problems.
When dealing with a home in foreclosure, you need to understand market value versus a "quick disposition" price to analyze your probable charge-off liability. The Mason Group has the training in both producing snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints.
Owners of houses in foreclosure can present particular challenges: For example, they might be opposed to allowing us access to the property. They could have left the home already and/or overlooked the care of the house for quite awhile - or in some cases caused damage to the house.
For real estate that has gone back to bank owned, you likewise will be interested in an expeditious resolution. Regardless, you'll still want to consider three ways of looking at the value of the subject property: