Foreclosure Appraisals in Adams CountyHouses that have gone back to the financial institution's possession and homes in foreclosure bring forth various appraisal challenges. For a property in foreclosure, you may need to understand the gap between the fair market price and "quick disposition" to know your possible charge-off liability. At Appraise Colorado Inc, we have the background in both supplying snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time line. We have the expertise to work with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Appraise Colorado Inc. Owners of dwellings in foreclosure might be opposed to allowing an inspection of the property, thus presenting particular challenges. If they left the home already, they may have ignored the care of the house for awhile - or even worse, damaged the house. You'll be interested in a speedy disposition if the house has reverted to REO. So you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any repairs done to it, with the repairs required to make the property marketable at full market value commensurate with competing properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably to someone who'd rather finish the job themselves. Again, we understand your time line and the specific situation of a Real Estate Owned home, as well as the unique information you'll need -- competing listings, neighborhood trends, and the like. You can count on Appraise Colorado Inc to handle the task of your bank owned property with expertise and professionalism. Contact us today. |