REO Appraisal in Alachua CountyReal Estate in foreclosure and homes that have reverted to the institution's holding create special appraisal problems. For a property in foreclosure, you should know the gap between the fair market and "quick disposition" to know your likely charge-off liability. At Collateral Appraisers, Inc., we have the experience in both presenting snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your urgency. You need a company who has the qualifications to deal with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Collateral Appraisers, Inc.. Specific challenges can be present when working with owners of properties in foreclosure. They could be uncooperative to allowing an inspection of the house. They may have abandoned the house already and/or overlooked the care of the home for a long time - or even worse, caused damage to the property. If your property has already returned to REO, you will interested in a speedy disposition. However, you might want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs done to it, with the repairs called for to make the home marketable at full market value comparable with competing houses in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the special situation of an REO house, as well as the unique data you'll need -- competing listings, market trends, and the like. You can count on Collateral Appraisers, Inc. to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today. |