Foreclosure and REO Appraisal in Shelby CountyProperties that have reverted to the financial institution's control and properties in foreclosure create special appraisal difficulties. You should know the difference between fair market price and "quick disposition" value to evaluate your likely write-down liability when dealing with a home in foreclosure. At Integrated Assets, we have the experience in both producing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your timeline. You need a company who has the training to work with the specific dynamics of a foreclosure appraisal. Contact Integrated Assets for a company you can rely on. Occupants of properties in foreclosure might be unwilling to allow an inspection of the house, thus presenting specific challenges. They may have abandoned the house already and/or overlooked the care of the house for a long time - or unfortunately, intentionally harmed the house. You'll be interested in a fast disposition if the property has already gone back to Real Estate Owned. So you might want to understand and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs done to it, with the repairs needed to make the house marketable at full market value consistent with similar properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the specific circumstances of a Real Estate Owned house, as well as the unique information you will need -- competing listings, neighborhood trends, and the like. You can count on Integrated Assets to handle the appraisal of your REO professionally and efficiently. Contact us today. |