Real Estate Owned and Foreclosure Appraisals in Clark CountyReal Estate in foreclosure and properties that have returned to the bank's control create various appraisal difficulties. For a property in foreclosure, you may need to know the difference between the fair market worth and "quick disposition" value to know your probable charge-off liability. The professionals at ABJ Appraisals can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your timeline. You need a company who has the expertise to deal with the special dynamics of a foreclosure appraisal. Contact ABJ Appraisals for a company you can trust. Owners of property in foreclosure, of course, can present special challenges. They could be opposed to allowing an inspection of the house. They could have deserted the house already and/or overlooked the care of the home for a long time - or worse, intentionally harmed the property. You will be interested in a quick disposition if the property has reverted to Real Estate Owned. So you might want to know and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any work performed, with the repairs needed to make the house marketable at full market value corresponding with similar real estate in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the unique circumstances of a Real Estate Owned home, in addition to the special data you'll need -- competing listings, neighborhood trends, and the like. You can rely on ABJ Appraisals to handle the task of your REO with expertise and professionalism. Contact us today. |