Foreclosure and Real Estate Owned Appraisal in Garfield CountyHomes in foreclosure and homes that have reverted to the bank's ownership create specific appraisal difficulties. You need to recognize the difference between fair market price and "quick disposition" value to analyze what losses you could sustain when dealing with a home in foreclosure. We can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time constraints. Kim Allen Appraisals has the training to work with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Kim Allen Appraisals. Owners of property in foreclosure, of course, can present special challenges. They could be uncooperative to allowing an inspection of the house. If they deserted the house already, they could have ignored the care of the home for some time - or unfortunately, caused damage to the home. You will be interested in a quick disposition if the property has gone back to bank owned. So you might want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any work performed, with the work called for to make the house marketable at full market value appropriate with the other properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the unique situation of a bank owned home, in addition to the unique data you'll need -- competing listings, market trends, and the like. You can rely on Kim Allen Appraisals to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |