Astute Appraisals, Inc. is a company you can trust when it comes to foreclosures in HowardHomes that have returned to the institution's control and houses in foreclosure create various appraisal problems. For a house in foreclosure, you need to know the difference between the fair market value and "quick disposition" to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline. You need a company who has the expertise to handle the special dynamics of a foreclosure appraisal. For a company you can count on, contact Astute Appraisals, Inc.. Particular challenges may be present when dealing with owners of properties in foreclosure. They may be disinclined to allow an inspection of the house. They could have moved out of the home already and/or overlooked the care of the house for quite awhile - or even worse, damaged the house. If your home has gone back to bank owned, you will interested in a speedy disposition. However, you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any repairs performed, with the repairs required to make the property marketable at full market value commensurate with similar homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the unique situation of a bank owned property, in addition to the special information you will need -- competing listings, neighborhood trends, and so forth. You can bank on Astute Appraisals, Inc. to take on the task of your REO with expertise and professionalism. Contact us today. |