Call Astute Appraisals, Inc. when you need valuations on Howard foreclosures

Real Estate Owned and Foreclosure Appraisals in Howard County

Properties in foreclosure and homes that have returned to the lender's holding present unique appraisal challenges.

When dealing with a home in foreclosure, you should understand the difference between fair market price and "quick disposition" price to analyze your likely charge-off liability. Astute Appraisals, Inc. has the experience in both furnishing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time line.

You need a company with the experience to deal with the unique dynamics of a foreclosure appraisal. Contact Astute Appraisals, Inc. for a company you can count on.

Specific challenges might be present when working with owners of houses in foreclosure. They may be unwilling to allow an inspection of the property. They could have deserted the home already and/or overlooked the care of the property for awhile - or gone as far as caused damage to the house.

You will be interested in a quick disposition if the property has returned to bank owned. So you need to understand and review three values: as-is, as repaired, and "quick sale." These represent the value of the property without any work done to it, with the work required to make the home marketable at full market value corresponding with similar homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your urgency and the special situation of a bank owned home, as well as the special data you will need -- competing listings, market trends, and the like. You can rely on Astute Appraisals, Inc. to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.