Real Estate Owned Appraisals in Tooele CountyReal Estate in foreclosure and properties that have gone back to the lender's possession create particular appraisal problems. For a home in foreclosure, you should recognize the gap between fair market worth and "quick disposition" value to know your possible charge-off liability. At Company Name 2, we have the knowledge in both supplying snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time line. You need a company with the qualifications to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Company Name 2. Unique challenges might be present when dealing with owners of houses in foreclosure. They may be disinclined to allow an inspection of the property. If they deserted the home already, they may have neglected care of the property for quite some time - or unfortunately, caused damage to the house. For real estate that has already reverted to REO, you probably will want it off your hands as quickly as possible . But you may want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any work done to it, with the repairs necessary to make the house marketable at full market value corresponding with similar homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your time line and the special situation of an REO house, in addition to the special information you will need -- competing listings, market trends, and so forth. You can count on Company Name 2 to take on the task of your bank owned property with expertise and professionalism. Contact us today. |