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Call ASAP Appraisal Group to discuss valuations of Polk foreclosures

REO Appraisal in Polk County

Properties in foreclosure and properties that have reverted to the lender's possession create various appraisal difficulties.

You should know the difference between fair market price and "quick disposition" value to know your possible charge-off liability when dealing with a home in foreclosure. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into consideration your time line.

You need a company who has the qualifications to deal with the specific dynamics of a foreclosure appraisal. Contact ASAP Appraisal Group for a company you can rely on.

Occupants of property in foreclosure might be uncooperative to allowing an inspection of the home, thus presenting particular challenges. They may have abandoned the house already and/or neglected care of the property for a long time - or even worse, vandalized the home.

For a property that has gone back to bank owned, you probably will want it off your hands as quickly as possible . But you may want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs performed, with the work necessary to make the house marketable at full market value consistent with similar homes in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the unique situation of an REO home, as well as the unique data you'll need -- competing listings, neighborhood trends, and so forth. You can count on ASAP Appraisal Group to handle the task of your bank owned property with expertise and professionalism. Contact us today.