Foreclosure & REO Appraisal

Foreclosure & REO Appraisal

Foreclosure/REO Appraisal For properties that have slipped into the foreclosure process, you should know the difference between fair market value and “quick disposition” value, to know your prospective charge off obligation. At Appraise Colorado Inc., we’ve got experience in both providing detailed and extensive reports of fair market value for our mortgage lending and servicing clients as well as “quick sale” forecasts that grasp and cater to your timeline. Property Owners in foreclosure, of course, present special challenges. They may be unwilling to allow an evaluation of the property. If they’ve deserted the home or property already, they may have disregarded care of the property for a while — or worse, induced damage. We have the experience and practice to cope with the specialized dynamics of a foreclosure appraisal, and you should not hesitate to get in touch with us for help. For any property which has already reverted to Real Estate Owned, you will likely be considering a quick disposition. But you may want to find out and compare three values: As-is, as repaired, and “quick sale.” those describe the worth of the property without any work done to it, with the job needed to make the property marketable to full market value commensurate with competing properties in the region, and, someplace in-between, with minimal investment in repairs — attempting to sell the property quickly, probably as a “fixer-upper.” once more, we understand your schedule and exclusive situations of an REO property, along with the unique information you’ll need — competing listings as well as market trends. Please browse our website to learn more about our qualifications, expertise...

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