Foreclosure and Real Estate Owned Appraisal in Hamilton CountyThere are unique appraisal challenges when we're talking about a home in foreclosure or one that has reverted to the bank's possession. You need to differentiate the difference between fair market price and "quick disposition" value to know your probable write-down liability when dealing with a property in foreclosure. has the experience in both furnishing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time line. You need a company with the qualifications to deal with the special dynamics of a foreclosure appraisal. For a company you can trust, contact . Particular challenges might be present when dealing with owners of property in foreclosure. They might be disinclined to allow an inspection of the home. Sometimes the homes have been ransacked, unfortunately at the hands of the residents. Or, it's common to find the residents have moved out or the home languishing in disrepair for extended periods of time. For real estate that has reverted to REO, you most likely will be seeking a quick disposition . However, you might want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any work performed, with the work required to make the home marketable at full market value comparable with similar houses in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your urgency and the special circumstances of an REO property, as well as the specific information you will need -- competing listings, neighborhood trends, and the like. You can bank on to handle the task of your REO professionally and efficiently. Contact us today. |