Foreclosure Appraisal in Carroll CountyThere are various appraisal challenges involved in a property in foreclosure or one that has returned to the financial institution's control. For a house in foreclosure, you might need to understand the gap between the fair market value and "quick disposition" value to know your possible charge-off liability. All-Star Appraisers has the knowledge in both producing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your time line. You need a company with the experience to deal with the specific dynamics of a foreclosure appraisal. Contact All-Star Appraisers for a company you can rely on. Specific challenges might be present when working with owners of homes in foreclosure. They may be uncooperative to allowing an inspection of the property. If they abandoned the home already, they could have overlooked the care of the home for a long time - or unfortunately, caused damage to the home. If your home has returned to Real Estate Owned, you will interested in a quick disposition. However, you may want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work done to it, with the repairs necessary to make the home marketable at full market value commensurate with the other houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the special circumstances of a Real Estate Owned property, in addition to the specific information you'll need -- competing listings, neighborhood trends, and so forth. You can count on All-Star Appraisers to handle the task of your bank owned property with expertise and professionalism. Contact us today. |