Foreclosure and Real Estate Owned Appraisals in Arapahoe County
Real Estate in foreclosure and properties that have gone back to the bank's ownership create specific appraisal problems.
When dealing with a home in foreclosure, you need to differentiate the difference between fair market worth and "quick disposition" worth to analyze your possible charge-off liability. The professionals at Appraise Colorado Inc can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your timeline.
We have the expertise to handle the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Appraise Colorado Inc.
Owners of homes in foreclosure, of course, can present specific challenges. They might be disinclined to allow an inspection of the home. If they moved out of the house already, they might have not taken care of the property for quite some time - or unfortunately, ransacked the home.
For a home that has reverted to Real Estate Owned, you most likely will be interested in an expedited resolution . But you might want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any work performed, with the repairs needed to make the property marketable at full market value consistent with similar properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your time line and the special situation of an REO house, in addition to the special information you'll need -- competing listings, neighborhood trends, and so forth. You can rely on Appraise Colorado Inc to handle the task of your REO with expertise and professionalism. Contact us today.