REO Appraisal in Lee CountyHouses that have returned to the bank's control and properties in foreclosure create specific appraisal problems. For a property in foreclosure, you might need to recognize the gap between the fair market price and "quick disposition" to know your potential charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your urgency. We have the expertise to handle the specific dynamics of a foreclosure appraisal. Contact ValPro Appraisal LLC for a company you can rely on. Occupants of properties in foreclosure may be uncooperative to allowing an inspection of the property, thus presenting specific challenges. If they deserted the home already, they could have overlooked the care of the home for quite awhile - or unfortunately, caused damage to the home. You'll be interested in a quick disposition if the property has already gone back to Real Estate Owned. So you might want to know and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs performed, with the work called for to make the property marketable at full market value corresponding with the other houses in the area, 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 special situation of a bank owned property, as well as the unique information you'll need -- competing listings, market trends, and so forth. You can count on ValPro Appraisal LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today. |