REO and Foreclosure Appraisals in Sierra CountyThere are various appraisal challenges for a house in foreclosure or one that has reverted to the bank's holding. For a home in foreclosure, you might need to recognize the difference between fair market value and "quick disposition" price to know your probable charge-off liability. The professionals at Asset Real Estate Services can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your time line. Asset Real Estate Services has the experience to handle the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Asset Real Estate Services. Owners of properties in foreclosure may be unwilling to allow an inspection of the house, thus presenting particular challenges. They may have left the house already and/or overlooked the care of the house for a long time - or worse, intentionally harmed the home. For real estate that has already gone back to REO, you probably will be seeking an expeditious disposition . However, you might want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any repairs performed, with the repairs necessary to make the house marketable at full market value corresponding with similar houses 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 specific situation of a Real Estate Owned home, as well as the special data you'll need -- competing listings, neighborhood trends, and the like. You can rely on Asset Real Estate Services to take on the appraisal of your REO professionally and efficiently. Contact us today. |