Foreclosure and Real Estate Owned Appraisals in Lee CountyProperties that have reverted to the institution's possession and properties in foreclosure create particular appraisal problems. When dealing with a property in foreclosure, it's important to understand the difference between fair market price and "quick disposition" value to know your probable charge-off liability. Huettner Appraisal Inc. has the training in both furnishing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into account your time line. The professionals at Huettner Appraisal Inc. have the expertise to work with the particular dynamics of a foreclosure appraisal. Contact Huettner Appraisal Inc. for a company you can count on. Owners of houses in foreclosure, of course, can present specific challenges. They could be unwilling to allow an inspection of the house. Sometimes the subjects have been intentionally damaged, often at the hands of the former residents themselves. Or, it's common to discover the residents have moved out or the home neglected for extended periods of time. If your house has gone back to bank owned, you will interested in a fast disposition. But you might want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any work done to it, with the repairs called for to make the house marketable at full market value appropriate with competing properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the specific circumstances of a bank owned home, as well as the specific data you will need -- competing listings, market trends, and so forth. You can rely on Huettner Appraisal Inc. to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today. |