Tri-County Appraisals is a company you can trust when you need appraisals for foreclosures in Larimer
There are unique appraisal challenges when it comes to a property in foreclosure or one that has reverted to the institution's ownership.
When there is a home in foreclosure, you should recognize the difference between fair market worth and "quick disposition" worth to evaluate your potential charge-off liability. Tri-County Appraisals has the background in both supplying snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your timeline.
Tri-County Appraisals has the experience to handle the special dynamics of a foreclosure appraisal. For a company you can trust, contact Tri-County Appraisals.
Owners of houses in foreclosure, of course, can present special challenges. They may be unwilling to allow an inspection of the home. They may have abandoned the house already and/or ignored the care of the house for awhile - or unfortunately, ransacked the home.
If your property has already returned to bank owned, you will interested in a speedy disposition. But you may want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any repairs done to it, with the work needed to make the house marketable at full market value comparable with the other real estate in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the specific situation of a bank owned property, as well as the unique information you'll need -- competing listings, market trends, and so forth. You can bank on Tri-County Appraisals to take on the task of your REO with expertise and professionalism. Contact us today.