REO Appraisal in Jackson CountyHomes that have gone back to the institution's holding and houses in foreclosure bring forth unique appraisal difficulties. When there is a home in foreclosure, it's important to ascertain the difference between fair market price and "quick disposition" value to evaluate your probable charge-off liability. Linda Beard has the background in both supplying snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your timeline. You need a company with the training to handle the unique dynamics of a foreclosure appraisal. Contact Linda Beard for a company you can trust. Owners of property in foreclosure, of course, can present specific challenges. They could be uncooperative to allowing an inspection of the home. They might have abandoned the home already and/or overlooked the care of the property for some time - or gone as far as damaged the house. You'll be interested in an expeditious disposition if the property has gone back to bank owned. So you need to understand and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the house without any repairs done to it, with the repairs called for to make the property marketable at full market value comparable with the other real estate in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your urgency and the special situation of an REO property, as well as the special information you will need -- competing listings, neighborhood trends, and so forth. You can rely on Linda Beard to handle the task of your bank owned property with expertise and professionalism. Contact us today. |