Foreclosure and Real Estate Owned Appraisal in Wilcox CountyHomes that have reverted to the financial institution's holding and houses in foreclosure present unique appraisal difficulties. You should ascertain the difference between fair market price and "quick disposition" price to analyze what losses you might realize when dealing with a home in foreclosure. At Lincoln Appraisal Group, we have the experience in both presenting snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your timeline. We have the training to deal with the special dynamics of a foreclosure appraisal. Contact Lincoln Appraisal Group for a company you can rely on. Owners of properties in foreclosure, of course, can present particular challenges. They may be unwilling to allow an inspection of the home. If they have abandoned the property already, they might have ignored the care of the house for quite some time - or even worse, damaged the home. If your property has already returned to Real Estate Owned, you will interested in a quick disposition. But you might want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any work performed, with the work needed to make the property marketable at full market value comparable with competing houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your time line and the specific situation of an REO home, as well as the special data you'll need -- competing listings, market trends, and the like. You can rely on Lincoln Appraisal Group to handle the task of your REO with expertise and professionalism. Contact us today. |