Real Estate Owned and Foreclosure Appraisals in Roane CountyHomes in foreclosure and homes that have reverted to the lender's ownership bring forth special appraisal challenges. You should understand the difference between fair market worth and "quick disposition" price to analyze what losses you stand to sustain when dealing with a property in foreclosure. The professionals at Brown Appraisal Services can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time constraints. The professionals at Brown Appraisal Services have the qualifications to handle the particular dynamics of a foreclosure appraisal. Contact Brown Appraisal Services for a company you can rely on. Owners of houses in foreclosure could be unwilling to allow an inspection of the house, thus presenting particular challenges. Sometimes the houses have been intentionally damaged, unfortunately at the hands of the residents themselves. Or, it's common to discover the previous owners have moved out or the home neglected for long of time. You'll be interested in an expedited disposition if the property has returned to bank owned. So you need to understand and compare three values: as-is, as repaired, and "quick sale." These represent the value of the house without any repairs done to it, with the work needed to make the property marketable at full market value comparable with competing real estate in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the specific circumstances of a Real Estate Owned house, in addition to the specific information you'll need -- competing listings, market trends, and so forth. You can bank on Brown Appraisal Services to take on the task of your bank owned property with expertise and professionalism. Contact us today. |