Foreclosure Appraisal in Ada CountyHomes that have reverted to the financial institution's control and properties in foreclosure create specific appraisal problems. It's key to understand the difference between fair market worth and "quick disposition" price to analyze what losses you might sustain when dealing with a home in foreclosure. At Metro Appraisals, we have the training in both producing snapshots of fair market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your time constraints. Metro Appraisals has the qualifications to handle the unique dynamics of a foreclosure appraisal. Contact Metro Appraisals for a company you can trust. Special challenges might be present when dealing with owners of property in foreclosure. They could be opposed to allowing an inspection of the property. If they left the house already, they could have neglected care of the property for a long time - or even worse, ransacked the home. You will be interested in a fast disposition if the home has returned to bank owned. So you might want to understand and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any repairs performed, with the repairs necessary to make the home marketable at full market value consistent with the other properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the unique circumstances of an REO house, in addition to the unique information you will need -- competing listings, neighborhood trends, and so forth. You can rely on Metro Appraisals to take on the task of your REO with expertise and professionalism. Contact us today. |