Foreclosure and REO Appraisal in Shelby CountyThere are unique appraisal difficulties involved in a house in foreclosure or one that has reverted to the lender's control. When there is a property in foreclosure, it's important to ascertain the difference between fair market value and "quick disposition" price to know your likely charge-off liability. Integrated Assets has the background in both providing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into consideration your time constraints. The professionals at Integrated Assets have the experience to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Integrated Assets. Owners of homes in foreclosure could be disinclined to allow an inspection of the property, thus presenting specific challenges. Sometimes the properties have been vandalized, unfortunately at the hands of the residents themselves. Or, it's likely you'll find nobody has occupied the house for months or the home languishing in disrepair for long of time. If your home has already gone back to REO, you will interested in a fast disposition. But you may want to know and analyze 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 home marketable at full market value comparable with the other homes in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the unique circumstances of an REO house, in addition to the specific information you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Integrated Assets to take on the task of your bank owned property with expertise and professionalism. Contact us today. |