Appraisal House, Inc. is experienced when it comes to bank owned properties in Okaloosa
There are special appraisal problems when it comes to a house in foreclosure or one that has gone back to the financial institution's control.
For a home in foreclosure, you should know the gap between fair market price and "quick disposition" to know your likely charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your urgency.
We have the qualifications to handle the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Appraisal House, Inc..
Owners of property in foreclosure might be opposed to allowing an inspection of the house, thus presenting unique challenges. They could have moved out of the house already and/or neglected care of the home for quite awhile - or gone as far as intentionally harmed the property.
For a house that has changed to REO, you probably will be going for a fast resolution . However, you might want to know and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work performed, with the repairs necessary to make the house marketable at full market value comparable with similar homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your urgency and the unique circumstances of a Real Estate Owned property, in addition to the special information you will need -- competing listings, market trends, and so forth. You can bank on Appraisal House, Inc. to take on the task of your REO with expertise and professionalism. Contact us today.