Real Estate Owned and Foreclosure Appraisal in Okaloosa CountyHouses that have returned to the institution's possession and homes in foreclosure bring forth special appraisal problems. For a property in foreclosure, you might need to know the difference between the fair market price and "quick disposition" worth to know your likely charge-off liability. Appraisal House, Inc. has the experience in both providing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time constraints. We have the experience to deal with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Appraisal House, Inc.. Owners of property in foreclosure, of course, can present unique challenges. They could be unwilling to allow an inspection of the property. They may have moved out of the home already and/or ignored the care of the property for a long time - or in some cases intentionally harmed the home. For a house that has returned to REO, you most likely will be interested in an expedited disposition . But you might want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the value of the home without any work performed, with the work necessary to make the house marketable at full market value commensurate with similar houses in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the unique circumstances of a Real Estate Owned home, as well as the specific information you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Appraisal House, Inc. to take on the appraisal of your REO with expertise and professionalism. Contact us today. |