Real Estate Owned Appraisals in Howard CountyThere are various appraisal problems regarding a house in foreclosure or one that has returned to the lender's ownership. For a home in foreclosure, you may need to recognize the difference between fair market price and "quick disposition" worth to know your potential charge-off liability. At Astute Appraisals, Inc., we have the experience in both producing snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your timeline. The professionals at Astute Appraisals, Inc. have the experience to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Astute Appraisals, Inc.. Owners of properties in foreclosure, of course, can present particular challenges. They might be uncooperative to allowing an inspection of the property. They might have abandoned the home already and/or ignored the care of the property for quite some time - or in some cases damaged the house. You will be interested in a quick disposition if the house has already reverted to Real Estate Owned. So you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any work done to it, with the work necessary to make the house marketable at full market value corresponding with similar real estate in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the special situation of an REO home, as well as the special data you'll need -- competing listings, market trends, and the like. You can rely on Astute Appraisals, Inc. to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today. |