REO and Foreclosure Appraisal in Union CountyProperties in foreclosure and properties that have gone back to the institution's ownership create particular appraisal problems. When there is a property in foreclosure, you need to ascertain the difference between fair market worth and "quick disposition" value to analyze your likely charge-off liability. Tight & Right Real Estate Valuation has the experience in both presenting snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your time constraints. We have the expertise to handle the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Tight & Right Real Estate Valuation. Owners of property in foreclosure, of course, can present particular challenges. They could be unwilling to allow an inspection of the house. If they deserted the home already, they could have neglected care of the home for some time - or even worse, ransacked the home. If your house has already returned to REO, you will interested in a quick disposition. But you might want to understand and review three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work done to it, with the work needed to make the house marketable at full market value commensurate with competing properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the special circumstances of a Real Estate Owned property, as well as the special data you'll need -- competing listings, neighborhood trends, and the like. You can count on Tight & Right Real Estate Valuation to take on the task of your REO professionally and efficiently. Contact us today. |
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