Foreclosure and REO Appraisal in Larimer CountyReal Estate in foreclosure and homes that have reverted to the bank's ownership present unique appraisal problems. You should recognize the difference between fair market value and "quick disposition" worth to analyze what losses you could realize when dealing with a house in foreclosure. At Lot and Block Appraisal, we have the background in both producing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your timeline. We have the qualifications to handle the unique dynamics of a foreclosure appraisal. Contact Lot and Block Appraisal for a company you can rely on. Owners of homes in foreclosure might be unwilling to allow an inspection of the home, thus presenting unique challenges. If they moved out of the home already, they may have ignored the care of the house for quite some time - or unfortunately, caused damage to the house. If your home has already returned to bank owned, you will interested in a speedy disposition. However, you might want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs performed, with the repairs required to make the property marketable at full market value commensurate with the other homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your urgency and the specific circumstances of a Real Estate Owned house, as well as the unique information you'll need -- competing listings, market trends, and so forth. You can rely on Lot and Block Appraisal to handle the appraisal of your bank owned property professionally and efficiently. Contact us today. |