Foreclosure and Real Estate Owned Appraisals in Brevard CountyHomes in foreclosure and properties that have gone back to the bank's control create particular appraisal difficulties. When there is a home in foreclosure, you should recognize the difference between fair market price and "quick disposition" worth to evaluate your likely charge-off liability. At Liberto Appraisal Services, Inc., we have the training in both producing snapshots of fair market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your urgency. You need a company who has the qualifications to work with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Liberto Appraisal Services, Inc.. Particular challenges might be present when working with owners of property in foreclosure. They could be uncooperative to allowing an inspection of the house. Sometimes the subjects show signs of vandalism, unfortunately by the residents. Or, it's common to find nobody has lived in house for months or the home neglected for long of time. If your house has returned to REO, you will interested in a quick disposition. However, you might want to know and review three values: as-is, as repaired, and "quick sale." These represent the value of the house without any repairs done to it, with the work necessary to make the home marketable at full market value appropriate with competing homes in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone who'd rather finish the job themselves. Again, we understand your time line and the unique circumstances of a Real Estate Owned house, as well as the specific information you will need -- competing listings, neighborhood trends, and the like. You can count on Liberto Appraisal Services, Inc. to take on the appraisal of your REO professionally and efficiently. Contact us today. |