REO and Foreclosure Appraisal in Gila CountyProperties that have returned to the financial institution's possession and houses in foreclosure present special appraisal difficulties. For a house in foreclosure, you need to know the difference between the fair market value and "quick disposition" price to know your likely charge-off liability. At MLB Appraisal and Associates, we have the experience in both providing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line. MLB Appraisal and Associates has the experience to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact MLB Appraisal and Associates. Unique challenges may be present when dealing with owners of property in foreclosure. They may be uncooperative to allowing an inspection of the house. If they have abandoned the home already, they may have neglected care of the house for a long time - or even worse, damaged the home. For real estate that has returned to REO, you most likely will be seeking an expedited resolution . But you might want to know about and analyze 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 house marketable at full market value appropriate with similar properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly to someone who'd rather finish the job themselves. Again, we understand your timeline and the unique situation of an REO house, as well as the special data you will need -- competing listings, neighborhood trends, and the like. You can rely on MLB Appraisal and Associates to handle the task of your REO with expertise and professionalism. Contact us today. |