Foreclosure and REO Appraisal in Caguas CountyReal Estate in foreclosure and properties that have gone back to the bank's control create special appraisal difficulties. When there is a home in foreclosure, it's important to recognize the difference between fair market value and "quick disposition" value to analyze your potential charge-off liability. Appraisal Advisors Group has the knowledge in both furnishing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into consideration your urgency. The professionals at Appraisal Advisors Group have the expertise to work with the unique dynamics of a foreclosure appraisal. Contact Appraisal Advisors Group for a company you can trust. Owners of houses in foreclosure, of course, can present particular challenges. They may be uncooperative to allowing an inspection of the house. If they have abandoned the property already, they may have not taken care of the home for some time - or worse, ransacked the house. For a house that has changed to REO, you probably will be going for a quick resolution . However, you may want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs done to it, with the repairs required to make the home marketable at full market value corresponding with the other homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the unique circumstances of a Real Estate Owned property, as well as the special data you'll need -- competing listings, market trends, and so forth. You can count on Appraisal Advisors Group to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |