Astute Appraisals, Inc. is experienced when you need appraisals for foreclosures in ColumbiaThere are special appraisal problems involved in a house in foreclosure or one that has reverted to the institution's ownership. You need to differentiate the difference between fair market price and "quick disposition" worth to evaluate your possible write-down liability when dealing with a house in foreclosure. At Astute Appraisals, Inc., we have the background in both furnishing snapshots of fair market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your time line. Astute Appraisals, Inc. has the experience to deal with the specific dynamics of a foreclosure appraisal. Contact Astute Appraisals, Inc. for a company you can rely on. Owners of properties in foreclosure, of course, can present unique challenges. They may be uncooperative to allowing an inspection of the house. Often the subjects show signs of vandalism, often at the hands of the former residents themselves. Or, it's likely you'll find nobody has occupied the house for months or the home neglected for long of time. You'll be interested in an expedited disposition if the home has returned to bank owned. So you need to understand and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the property without any repairs done to it, with the repairs due to make the home marketable at full market value corresponding with competing properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the specific circumstances of a Real Estate Owned property, in addition to the special information you will need -- competing listings, market trends, and the like. You can rely on Astute Appraisals, Inc. to handle the task of your bank owned property professionally and efficiently. Contact us today. |