![]() Tri-County Appraisals is experienced when you need appraisals for bank owned properties in LovelandHouses that have reverted to the bank's holding and homes in foreclosure present various appraisal problems. When dealing with a property in foreclosure, you need to recognize the difference between fair market worth and "quick disposition" price to evaluate your likely charge-off liability. Tri-County Appraisals has the knowledge in both producing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into account your time line. The professionals at Tri-County Appraisals have the expertise to handle the specific dynamics of a foreclosure appraisal. Contact Tri-County Appraisals for a company you can trust. Owners of homes in foreclosure, of course, can present particular challenges. They might be disinclined to allow an inspection of the home. If they moved out of the home already, they may have overlooked the care of the house for quite some time - or worse, caused damage to the home. If your house has already returned to Real Estate Owned, you will interested in a speedy disposition. However, you might want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs done to it, with the work required to make the house marketable at full market value consistent with the other real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the unique circumstances of an REO house, as well as the special data you will need -- competing listings, neighborhood trends, and the like. You can rely on Tri-County Appraisals to handle the appraisal of your bank owned property professionally and efficiently. Contact us today. |