Real Estate Owned Appraisals in none County
Homes that have gone back to the financial institution's ownership and properties in foreclosure create unique appraisal difficulties.
You should differentiate the difference between fair market worth and "quick disposition" value to know what losses you might sustain when dealing with a home in foreclosure. Accurate Appraisals has the training in both presenting snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your timeline.
The professionals at Accurate Appraisals have the expertise to work with the specific dynamics of a foreclosure appraisal. Contact Accurate Appraisals for a company you can count on.
Owners of houses in foreclosure may be unwilling to allow an inspection of the home, thus presenting particular challenges. They may have deserted the house already and/or overlooked the care of the home for quite some time - or in some cases intentionally harmed the home.
You will be interested in an expedited disposition if the property has already returned to Real Estate Owned. So you need to know about and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any work performed, with the work necessary to make the house marketable at full market value comparable with the other properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your urgency and the special circumstances of an REO property, as well as the unique data you will need -- competing listings, neighborhood trends, and so forth. You can rely on Accurate Appraisals to handle the task of your bank owned property with expertise and professionalism. Contact us today.