Depend on an expert;
I have completed over 100 REO (Real Estate Owned/Bank Owned) assignments in the past 90 days, from San Rafael to Windsor along the Redwood highway corridor. For those of you searching for REO’s and Short Sales I have extensive knowledge of each area to help with your real estate appraisal needs; a purchase, fair market value (pre sale appraisal) or for litigation.
Parts of Southern Sonoma County have suffered large declines in single family home values over the past 12 months with a current 6.5-7 month supply of inventory available for sale due to the current credit crunch and mortgage meltdown (a 4 month supply is considered stable), unemployment is at a 5 year high at this point at 6.1 percent. There are many areas where REO’s and Short Sales have become prevalent making the principal of regression common in those neighborhoods, some of which have continued to change dramatically in the past 4 months. This volatility gives a greater urgency to have an accurate real estate appraisal so you can make an informed decision
At AA Appraisals we will make sure that the value placed on your home is completed according to USPAP standards so you can be certain of an accurate real estate appraisal in completed in a professional and timely manner.
Based in Petaluma we have 24-48 hour turn time in Cotati, Rohnert Park, Santa Rosa, Sebastopol, Penngrove, Sonoma, Novato and San Rafael. Other cities may be up to a 72 hour turn time in the Sonoma, Marin and San Francisco counties.
We’re looking forward to working with you
Regards,
Bruce Cohn
707-789-0783
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