REO Appraisal in Dekalb CountyProperties that have reverted to the financial institution's control and properties in foreclosure present specific appraisal challenges. You should know the difference between fair market value and "quick disposition" worth to analyze what losses you stand to sustain when dealing with a house in foreclosure. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your timeline. You need a company with the training to handle the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Value Source Appraisals. Unique challenges may be present when dealing with owners of property in foreclosure. They might be uncooperative to allowing an inspection of the property. If they have abandoned the property already, they may have not taken care of the property for awhile - or even worse, damaged the home. If your property has changed to Real Estate Owned, you will interested in a quick disposition. However, you might want to understand and compare three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any work performed, with the work called for to make the property marketable at full market value appropriate with competing real estate in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your urgency and the specific circumstances of a bank owned home, in addition to the special data you'll need -- competing listings, neighborhood trends, and the like. You can rely on Value Source Appraisals to handle the appraisal of your bank owned property professionally and efficiently. Contact us today. |