Appraise Colorado Inc is experienced when you need appraisals for foreclosures in Douglas
There are special appraisal challenges when we're talking about a house in foreclosure or one that has reverted to the lender's ownership.
For a home in foreclosure, you might need to understand the difference between the fair market price and "quick disposition" value to know your likely charge-off liability. Appraise Colorado Inc has the training in both producing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into consideration your timeline.
Appraise Colorado Inc has the qualifications to handle the particular dynamics of a foreclosure appraisal. Contact Appraise Colorado Inc for a company you can rely on.
Occupants of houses in foreclosure could be disinclined to allow an inspection of the home, thus presenting unique challenges. If they moved out of the home already, they may have ignored the care of the property for awhile - or worse, damaged the property.
For a house that has already gone back to REO, you most likely will be seeking an expeditious resolution . However, you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the property without any work performed, with the work necessary to make the property marketable at full market value appropriate with competing real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the special circumstances of a bank owned property, in addition to the unique data you will need -- competing listings, neighborhood trends, and the like. You can bank on Appraise Colorado Inc to handle the task of your bank owned property professionally and efficiently. Contact us today.