REO Appraisal in Jefferson CountyProperties that have returned to the institution's possession and homes in foreclosure bring forth various appraisal challenges. For a house in foreclosure, you may need to know the difference between fair market and "quick disposition" price to know your probable charge-off liability. The professionals at Rocky Mountain Appraisal Company can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your urgency. You need a company who has the expertise to handle the specific dynamics of a foreclosure appraisal. Contact Rocky Mountain Appraisal Company for a company you can rely on. Unique challenges can be present when working with owners of homes in foreclosure. They might be uncooperative to allowing an inspection of the home. They could have abandoned the house already and/or neglected care of the house for some time - or gone as far as damaged the property. For a home that has already gone back to REO, you most likely will be seeking a speedy resolution . But you may want to know and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any work performed, with the repairs required to make the house marketable at full market value corresponding with competing houses in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the unique circumstances of a Real Estate Owned home, as well as the special data you will need -- competing listings, market trends, and the like. You can rely on Rocky Mountain Appraisal Company to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |