REO and Foreclosure Appraisals in Leon CountyThere are particular appraisal problems regarding a house in foreclosure or one that has gone back to the financial institution's possession. For a home in foreclosure, you may need to know the difference between fair market and "quick disposition" value to know your potential charge-off liability. Florida Property Research & Appraisal has the knowledge in both providing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time constraints. The professionals at Florida Property Research & Appraisal have the experience to work with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Florida Property Research & Appraisal. Specific challenges can be present when working with owners of homes in foreclosure. They might be opposed to allowing an inspection of the property. If they left the house already, they may have not taken care of the property for some time - or even worse, ransacked the property. If your house has changed to Real Estate Owned, you will interested in a fast disposition. But you might want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any repairs done to it, with the repairs called for to make the property marketable at full market value consistent with similar real estate in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the unique situation of a bank owned house, as well as the special data you will need -- competing listings, market trends, and so forth. You can rely on Florida Property Research & Appraisal to handle the task of your REO professionally and efficiently. Contact us today. |