Foreclosure and REO Appraisals in Pierce CountyHouses in foreclosure and houses that have reverted to the lender's holding present special appraisal challenges. When there is a home in foreclosure, it's important to know the difference between fair market value and "quick disposition" price to evaluate your possible charge-off liability. At Everyday Appraisal, we have the knowledge in both furnishing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line. We have the expertise to handle the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Everyday Appraisal. Owners of property in foreclosure, of course, can present particular challenges. They could be opposed to allowing an inspection of the home. They might have deserted the property already and/or neglected care of the house for awhile - or even worse, damaged the house. For real estate that has gone back to bank owned, you likewise will be seeking an expedited disposition . But you might want to know and review three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any repairs done to it, with the repairs called for to make the property marketable at full market value corresponding with the other houses in the neighborhood, and, somewhere in between, 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 Real Estate Owned house, in addition to the specific information you'll need -- competing listings, market trends, and so forth. You can bank on Everyday Appraisal to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |