Foreclosure and Real Estate Owned Appraisal in Union CountyProperties that have reverted to the financial institution's ownership and houses in foreclosure present unique appraisal problems. It's important to ascertain the difference between fair market price and "quick disposition" price to analyze what losses you could sustain when dealing with a house in foreclosure. Tight & Right Real Estate Valuation has the background in both presenting snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time line. The professionals at Tight & Right Real Estate Valuation have the experience to deal with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Tight & Right Real Estate Valuation. Owners of property in foreclosure, of course, can present specific challenges. They may be opposed to allowing an inspection of the house. They could have left the home already and/or ignored the care of the home for a long time - or gone as far as ransacked the property. You'll be interested in an expeditious disposition if the home has already changed to Real Estate Owned. So you need to know and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work performed, with the repairs necessary to make the home marketable at full market value comparable with competing houses in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the specific situation of a Real Estate Owned home, as well as the unique information you will need -- competing listings, neighborhood trends, and the like. You can bank on Tight & Right Real Estate Valuation to handle the appraisal of your REO with expertise and professionalism. Contact us today. |
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