T.H.E. Appraisers is a company you can trust when it comes to bank owned properties in Eldora
Homes in foreclosure and homes that have gone back to the institution's possession present various appraisal problems.
When there is a home in foreclosure, you should know the difference between fair market worth and "quick disposition" value to evaluate your possible charge-off liability. At T.H.E. Appraisers, we have the experience in both providing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints.
You need a company who has the qualifications to work with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact T.H.E. Appraisers.
Special challenges can be present when working with owners of homes in foreclosure. They might be disinclined to allow an inspection of the home. They could have moved out of the house already and/or ignored the care of the house for some time - or gone as far as vandalized the house.
If your property has reverted to Real Estate Owned, you will interested in an expeditious disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the value of the property without any work performed, with the work called for to make the house marketable at full market value appropriate with competing houses in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the specific circumstances of a Real Estate Owned house, in addition to the special data you will need -- competing listings, market trends, and so forth. You can count on T.H.E. Appraisers to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.