![]() Lundquist Appraisals & Real Estate Services is a company you can trust when it comes to foreclosures in WabashReal Estate in foreclosure and houses that have gone back to the bank's ownership present specific appraisal difficulties. When there is a property in foreclosure, it's important to ascertain the difference between fair market worth and "quick disposition" price to analyze your potential charge-off liability. The professionals at Lundquist Appraisals & Real Estate Services can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time constraints. You need a company with the experience to work with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Lundquist Appraisals & Real Estate Services. Unique challenges can be present when dealing with owners of properties in foreclosure. They might be disinclined to allow an inspection of the house. They could have abandoned the property already and/or overlooked the care of the house for a long time - or in some cases caused damage to the house. You will be interested in a quick disposition if the property has already changed to bank owned. So you need to understand and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any work done to it, with the work due to make the property marketable at full market value comparable with similar real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your urgency and the specific situation of a Real Estate Owned home, in addition to the special information you'll need -- competing listings, neighborhood trends, and the like. You can rely on Lundquist Appraisals & Real Estate Services to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |