Lance Appraisal Services is experienced when it comes to foreclosures in RehobothProperties that have gone back to the institution's possession and homes in foreclosure create specific appraisal challenges. You need to recognize the difference between fair market price and "quick disposition" worth to analyze what losses you might have to endure when dealing with a home in foreclosure. At Lance Appraisal Services, we have the training in both producing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your timeline. Lance Appraisal Services has the training to deal with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Lance Appraisal Services. Owners of property in foreclosure, of course, can present special challenges. They could be opposed to allowing an inspection of the property. They could have deserted the house already and/or neglected care of the house for quite some time - or even worse, vandalized the home. You'll be interested in a quick disposition if the property has already gone back to Real Estate Owned. So you need to know about and review three values: as-is, as repaired, and "quick sale." These represent the value of the home without any work done to it, with the repairs due to make the house marketable at full market value commensurate with similar homes in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the special situation of an REO home, in addition to the special data you will need -- competing listings, neighborhood trends, and so forth. You can count on Lance Appraisal Services to handle the appraisal of your bank owned property professionally and efficiently. Contact us today. |