REO Appraisal in Meade CountyProperties that have reverted to the institution's possession and homes in foreclosure present specific appraisal challenges. For a property in foreclosure, you may need to know the gap between the fair market and "quick disposition" worth to know your potential charge-off liability. At Juelfs Appraisals LLC, we have the training in both supplying snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your time constraints. You need a company with the experience to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Juelfs Appraisals LLC. Owners of dwellings in foreclosure could be opposed to allowing an inspection of the home, thus presenting special challenges. They may have deserted the house already and/or neglected care of the house for quite awhile - or unfortunately, vandalized the property. You'll be interested in an expeditious disposition if the property has already gone back to bank owned. So you need to know and compare three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any repairs done to it, with the repairs due to make the property marketable at full market value appropriate with the other houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the specific circumstances of a Real Estate Owned house, in addition to the specific information you'll need -- competing listings, market trends, and so forth. You can bank on Juelfs Appraisals LLC to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |