Astute Appraisals, Inc. is experienced when you need appraisals for bank owned properties in Columbia
There are various appraisal difficulties for a house in foreclosure or one that has gone back to the lender's control.
It's important to recognize the difference between fair market worth and "quick disposition" price to analyze your likely write-down liability when dealing with a home in foreclosure. Astute Appraisals, Inc. has the training in both providing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency.
You need a company with the training to handle the particular dynamics of a foreclosure appraisal. Contact Astute Appraisals, Inc. for a company you can rely on.
Owners of in foreclosure may be uncooperative to allowing an inspection of the home, thus presenting particular challenges. If they moved out of the home already, they could have overlooked the care of the house for a long time - or even worse, ransacked the house.
For a house that has already gone back to bank owned, you most likely will be interested in a speedy resolution . However, you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the work necessary to make the property marketable at full market value consistent with the other properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your time line and the specific circumstances of a bank owned house, as well as the special information you will need -- competing listings, neighborhood trends, and so forth. You can bank on Astute Appraisals, Inc. to take on the appraisal of your REO professionally and efficiently. Contact us today.