Gene A. Castagnetti Real Estate Appraiser is the company you should trust when you need appraisals for bank owned properties in Honolulu CountyHouses that have reverted to the institution's possession and homes in foreclosure present special appraisal difficulties.It's vital to ascertain the meanings of "market value" and a "quick disposition" assessment to know your probable charge-off liability when dealing with a house in foreclosure. Gene A. Castagnetti Real Estate Appraiser has the background in both presenting snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time constraints.
Owners of property in foreclosureunfortunately can present particular challenges. They might be disinclined to allow an inspection of the property. Sometimes the properties have been vandalized, unfortunately by the residents themselves. Or, it's common to discover the families have moved out or the home languishing in disrepair for long periods of time.
For a property that has returned to bank owned, you typically will want it off your hands as quickly as possible. Regardless, you'll still want to consider three ways of determining the value of the asset (or in some cases, liability): |