Tri-County Appraisals is experienced when you need appraisals for bank owned properties in LarimerThere are various appraisal difficulties involved in a home in foreclosure or one that has returned to the financial institution's possession. When there is a home in foreclosure, it's important to recognize the difference between fair market price and "quick disposition" worth to evaluate your probable charge-off liability. Tri-County Appraisals has the background in both furnishing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your time constraints. You need a company with the experience to handle the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Tri-County Appraisals. Occupants of homes in foreclosure may be disinclined to allow an inspection of the home, thus presenting special challenges. They could have left the house already and/or ignored the care of the home for some time - or gone as far as damaged the property. If your home has changed to Real Estate Owned, you will interested in a fast disposition. But you may want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the value of the home without any work done to it, with the repairs needed to make the property marketable at full market value consistent with the other real estate in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the unique situation of a bank owned house, as well as the unique information you will need -- competing listings, market trends, and so forth. You can bank on Tri-County Appraisals to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |