Foreclosure and Real Estate Owned Appraisal in Charleston CountyProperties that have reverted to the bank's holding and properties in foreclosure bring forth particular appraisal difficulties. You should know the difference between fair market value and "quick disposition" worth to know what losses you stand to sustain when dealing with a property in foreclosure. David LaFour has the training in both supplying snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your time line. We have the experience to deal with the specific dynamics of a foreclosure appraisal. Contact David LaFour for a company you can trust. Owners of properties in foreclosure, of course, can present specific challenges. They may be unwilling to allow an inspection of the house. If they have abandoned the property already, they might have ignored the care of the house for awhile - or worse, caused damage to the home. For real estate that has changed to Real Estate Owned, you most likely will want to get rid of it quickly . But you may want to know about and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any repairs done to it, with the repairs needed to make the property marketable at full market value commensurate with similar real estate in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the unique situation of a bank owned home, as well as the unique data you will need -- competing listings, market trends, and the like. You can bank on David LaFour to take on the appraisal of your REO professionally and efficiently. Contact us today. |