REO and Foreclosure Appraisals in Macomb CountyThere are special appraisal difficulties when it comes to a property in foreclosure or one that has returned to the bank's control. For a property in foreclosure, you need to understand the gap between fair market price and "quick disposition" to know your potential charge-off liability. Appraisal Connect, LLC has the knowledge in both furnishing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time constraints. Appraisal Connect, LLC has the qualifications to work with the specific dynamics of a foreclosure appraisal. Contact Appraisal Connect, LLC for a company you can trust. Owners of dwellings in foreclosure could be uncooperative to allowing an inspection of the property, thus presenting special challenges. If they deserted the home already, they may have neglected care of the property for quite awhile - or worse, ransacked the property. If your property has already changed to Real Estate Owned, you will interested in an expeditious disposition. But you may want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs done to it, with the work due to make the house marketable at full market value commensurate with competing houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the specific situation of an REO property, as well as the unique information you'll need -- competing listings, market trends, and the like. You can count on Appraisal Connect, LLC to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today. |