Astute Appraisals, Inc. is a company you can trust when you need appraisals for bank owned properties in ColumbiaThere are particular appraisal challenges for a property in foreclosure or one that has returned to the institution's ownership. When dealing with a property in foreclosure, you should know the difference between fair market price and "quick disposition" value to evaluate your possible charge-off liability. The professionals at Astute Appraisals, Inc. can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your timeline. The professionals at Astute Appraisals, Inc. have the experience to work with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Astute Appraisals, Inc.. Owners of homes in foreclosure, of course, can present special challenges. They might be opposed to allowing an inspection of the house. If they deserted the property already, they might have not taken care of the property for awhile - or worse, ransacked the property. You will be interested in a fast disposition if the property has already reverted to bank owned. So you need to understand and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any repairs done to it, with the repairs necessary to make the home marketable at full market value corresponding with similar properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the specific situation of an REO home, as well as the specific data you will need -- competing listings, neighborhood trends, and so forth. You can count on Astute Appraisals, Inc. to handle the appraisal of your bank owned property professionally and efficiently. Contact us today. |