T.H.E. Appraisers is a company you can trust when you need appraisals for bank owned properties in Eldora
Properties that have reverted to the institution's ownership and homes in foreclosure create particular appraisal difficulties.
When dealing with a property in foreclosure, it's important to ascertain the difference between fair market value and "quick disposition" value to analyze your probable charge-off liability. At T.H.E. Appraisers, we have the knowledge in both producing snapshots of fair market value for our mortgage clients, as well as "quick sale" forecasts that understand your urgency.
We have the qualifications to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact T.H.E. Appraisers.
Owners of properties in foreclosure might be uncooperative to allowing an inspection of the property, thus presenting specific challenges. They could have deserted the property already and/or overlooked the care of the home for some time - or in some cases caused damage to the property.
If your home has reverted to Real Estate Owned, you will interested in a speedy disposition. But you may want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any repairs performed, with the repairs called for to make the home marketable at full market value corresponding with competing real estate in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the unique situation of an REO property, as well as the unique data you'll need -- competing listings, market trends, and the like. You can bank on T.H.E. Appraisers to take on the appraisal of your REO with expertise and professionalism. Contact us today.