REO Appraisal in Fairfield CountyReal Estate in foreclosure and properties that have reverted to the institution's ownership bring forth various appraisal challenges. When there is a home in foreclosure, it's important to differentiate the difference between fair market value and "quick disposition" worth to analyze your likely charge-off liability. The professionals at Village Appraisal Ltd. can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your time line. We have the training to work with the specific dynamics of a foreclosure appraisal. Contact Village Appraisal Ltd. for a company you can count on. Specific challenges may be present when working with owners of homes in foreclosure. They might be unwilling to allow an inspection of the property. They might have abandoned the property already and/or ignored the care of the house for quite some time - or in some cases ransacked the home. If your property has already reverted to bank owned, you will interested in a quick disposition. However, you might want to know 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 repairs needed to make the home marketable at full market value appropriate with competing properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the special situation of a bank owned house, as well as the unique data you'll need -- competing listings, market trends, and so forth. You can rely on Village Appraisal Ltd. to take on the task of your bank owned property with expertise and professionalism. Contact us today. |