ASAP Appraisal Group is a company you can trust when it comes to foreclosures in PolkHomes that have returned to the institution's control and homes in foreclosure bring forth various appraisal challenges. For a home in foreclosure, you may need to recognize the difference between the fair market price and "quick disposition" value to know your probable charge-off liability. ASAP Appraisal Group has the background in both producing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your timeline. You need a company with the training to deal with the unique dynamics of a foreclosure appraisal. Contact ASAP Appraisal Group for a company you can trust. Occupants of houses in foreclosure might be uncooperative to allowing an inspection of the house, thus presenting special challenges. Often the homes have been vandalized, often at the hands of the former residents. Or, it's likely you'll discover a house at least abandoned or the home neglected for extended periods of time. You'll be interested in a speedy disposition if the property has returned to Real Estate Owned. So you need to understand and compare three values: as-is, as repaired, and "quick sale." These represent the value of the property without any repairs performed, with the repairs needed to make the house marketable at full market value consistent with the other real estate in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the specific circumstances of a bank owned property, in addition to the specific data you'll need -- competing listings, neighborhood trends, and so forth. You can bank on ASAP Appraisal Group to handle the appraisal of your REO professionally and efficiently. Contact us today. |