REO Appraisals in Jefferson, Oldham and surrounding countiesHouses that have returned to the financial institution's ownership and properties in foreclosure bring forth special appraisal difficulties. When dealing with a home in foreclosure, you should know the difference between fair market price and "quick disposition" value to analyze your likely charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your timeline. You need a company with the experience to handle the particular dynamics of a foreclosure appraisal. Contact Mark A. Roberts for a company you can count on. Particular challenges can be present when working with owners of properties in foreclosure. They could be disinclined to allow an inspection of the property. They may have abandoned the home already and/or overlooked the care of the house for quite some time - or in some cases intentionally harmed the property. If your house has already reverted to bank owned, you will interested in a fast disposition. However, you might want to know about and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any repairs done to it, with the work needed to make the property marketable at full market value consistent with competing houses in the neighborhood, 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 Real Estate Owned house, as well as the unique data you'll need -- competing listings, market trends, and so forth. You can count on Mark A. Roberts to handle the task of your bank owned property professionally and efficiently. Contact us today. |