Real Estate Owned Appraisals in Wabash CountyHomes in foreclosure and properties that have reverted to the institution's holding bring forth particular appraisal difficulties. For a home in foreclosure, you should understand the gap between fair market price and "quick disposition" price to know your probable charge-off liability. At Lundquist Appraisals & Real Estate Services, we have the background in both supplying snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency. We have the training to deal with the special dynamics of a foreclosure appraisal. Contact Lundquist Appraisals & Real Estate Services for a company you can trust. Occupants of homes in foreclosure could be opposed to allowing an inspection of the home, thus presenting specific challenges. If they moved out of the home already, they might have ignored the care of the home for awhile - or unfortunately, caused damage to the property. If your home has gone back to REO, you will interested in a fast 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 work done to it, with the work needed to make the property marketable at full market value commensurate with competing properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your time line and the specific circumstances of a Real Estate Owned home, as well as the specific information you'll need -- competing listings, market trends, and the like. You can bank on Lundquist Appraisals & Real Estate Services to handle the appraisal of your REO with expertise and professionalism. Contact us today. |