![]() REO Appraisal in Hartford CountyProperties that have reverted to the bank's control and homes in foreclosure bring forth unique appraisal challenges. When there is a home in foreclosure, you should know the difference between fair market price and "quick disposition" worth to know your likely charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your time constraints. We have the qualifications to handle the specific dynamics of a foreclosure appraisal. Contact Complete Appraisal, LLC for a company you can rely on. Owners of properties in foreclosure, of course, can present particular challenges. They could be disinclined to allow an inspection of the property. They could have deserted the home already and/or neglected care of the house for quite some time - or gone as far as intentionally harmed the house. You will be interested in a speedy disposition if the home has gone back to bank owned. So you need to know and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work performed, with the repairs due to make the house marketable at full market value corresponding with competing properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly to someone who'd rather finish the job themselves. Again, we understand your timeline and the special circumstances of a Real Estate Owned property, as well as the specific information you will need -- competing listings, neighborhood trends, and so forth. You can bank on Complete Appraisal, LLC to take on the task of your REO professionally and efficiently. Contact us today. |