Foreclosure Appraisals in Ada CountyHomes that have gone back to the financial institution's control and houses in foreclosure present unique appraisal challenges. You should know the difference between fair market worth and "quick disposition" value to analyze your probable write-down liability when dealing with a home in foreclosure. Metro Appraisals has the background in both presenting snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your timeline. You need a company with the expertise to deal with the unique dynamics of a foreclosure appraisal. Contact Metro Appraisals for a company you can rely on. Occupants of houses in foreclosure could be unwilling to allow an inspection of the house, thus presenting unique challenges. Often the properties have been ransacked, unfortunately by the former residents. Or, it's common to find nobody has occupied the house for months or the home neglected for long of time. For real estate that has gone back to bank owned, you probably will be seeking a fast disposition . However, you may want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs performed, with the work needed to make the property marketable at full market value commensurate with the other properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the special circumstances of an REO house, in addition to the special information you'll need -- competing listings, neighborhood trends, and so forth. You can rely on Metro Appraisals to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |