T.H.E. Appraisers is experienced when it comes to bank owned properties in Hardin
There are unique appraisal difficulties for a home in foreclosure or one that has reverted to the bank's holding.
You should recognize the difference between fair market worth and "quick disposition" worth to evaluate what losses you might sustain when dealing with a house in foreclosure. The professionals at T.H.E. Appraisers can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your time line.
We have the expertise to work with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact T.H.E. Appraisers.
Owners of property in foreclosure, of course, can present special challenges. They might be uncooperative to allowing an inspection of the property. Often the homes have been intentionally damaged, unfortunately by the residents. Or, it's likely you'll discover a house at least abandoned or the home neglected for long of time.
If your home has returned to Real Estate Owned, you will interested in a speedy disposition. However, you might want to understand and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work performed, with the work necessary to make the house marketable at full market value corresponding with competing real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the specific circumstances of an REO house, as well as the special data you'll need -- competing listings, market trends, and so forth. You can bank on T.H.E. Appraisers to handle the task of your bank owned property with expertise and professionalism. Contact us today.