REO Appraisal in Scotts Bluff County
There are specific appraisal problems for a house in foreclosure or one that has reverted to the lender's control.
For a home in foreclosure, you need to know the difference between the fair market and "quick disposition" to know your possible charge-off liability. The professionals at Pierce Appraisal can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency.
The professionals at Pierce Appraisal have the expertise to deal with the particular dynamics of a foreclosure appraisal. Contact Pierce Appraisal for a company you can trust.
Owners of homes in foreclosure, of course, can present specific challenges. They may be disinclined to allow an inspection of the property. They could have abandoned the home already and/or overlooked the care of the home for a long time - or gone as far as intentionally harmed the property.
If your property has gone back to Real Estate Owned, you will interested in a quick disposition. But you may want to know and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any work done to it, with the repairs called for to make the property marketable at full market value appropriate with competing houses 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 specific circumstances of a Real Estate Owned house, as well as the unique data you will need -- competing listings, neighborhood trends, and the like. You can count on Pierce Appraisal to handle the appraisal of your REO professionally and efficiently. Contact us today.