![]() Village Appraisal Ltd. is experienced when it comes to foreclosures in LancasterProperties that have reverted to the institution's ownership and homes in foreclosure create unique appraisal challenges. For a home in foreclosure, you need to recognize the difference between fair market worth and "quick disposition" price to know your likely charge-off liability. Village Appraisal Ltd. has the training in both supplying snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line. Village Appraisal Ltd. has the experience to deal with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Village Appraisal Ltd.. Owners of properties in foreclosure, of course, can present particular challenges. They could be opposed to allowing an inspection of the property. If they moved out of the house already, they might have neglected care of the property for a long time - or unfortunately, caused damage to the home. You will be interested in a speedy disposition if the house has changed to REO. So you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any work performed, with the repairs due to make the property marketable at full market value appropriate with competing houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the special situation of a Real Estate Owned house, in addition to the specific information you will need -- competing listings, market trends, and the like. You can count on Village Appraisal Ltd. to handle the appraisal of your REO professionally and efficiently. Contact us today. |