JM Real Estate Group, LLC is experienced when it comes to foreclosures in Orange CountyProperties in foreclosure and properties that have returned to the lender's possession present specific appraisal difficulties.
When dealing with a property in foreclosure, it's important to ascertain market value versus a "quick disposition" assessment to know your probable charge-off liability. JM Real Estate Group, LLC has the background in both supplying snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into consideration your time line.
Owners of properties in foreclosure can present particular challenges: They may be unwilling to allow an inspection of the property. They may have abandoned the home already and/or neglected care of the property for a long time - or unfortunately, ransacked the property.
For real estate that has already changed to bank owned, you probably will be interested in a fast resolution. In any case, you'll still want to consider three angles for looking at the value of the real estate at hand: