Becky Walker Certified Appraiser is experienced when it comes to bank owned properties in JeffersonThere are unique appraisal problems for a house in foreclosure or one that has returned to the financial institution's possession. It's key to recognize the difference between fair market value and "quick disposition" worth to know your probable charge-off liability when dealing with a home in foreclosure. Becky Walker Certified Appraiser has the knowledge in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into account your time constraints. You need a company who has the training to handle the particular dynamics of a foreclosure appraisal. Contact Becky Walker Certified Appraiser for a company you can count on. Owners of property in foreclosure, of course, can present specific challenges. They may be disinclined to allow an inspection of the home. Sometimes the homes have been intentionally damaged, unfortunately at the hands of the residents themselves. Or, it's common to discover nobody has occupied the house for months or the home neglected for extended periods of time. You'll be interested in a fast disposition if the house has returned to bank owned. So you may want to know and compare three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any work done to it, with the repairs required to make the property marketable at full market value appropriate with competing properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the specific situation of a bank owned home, in addition to the unique information you will need -- competing listings, neighborhood trends, and so forth. You can count on Becky Walker Certified Appraiser to handle the task of your bank owned property professionally and efficiently. Contact us today. |