Call Property Valuation Group when you need valuations for Oakland foreclosures

REO and Foreclosure Appraisal in Oakland County

Houses that have returned to the institution's holding and properties in foreclosure bring forth various appraisal challenges.

When there is a house in foreclosure, you need to differentiate the difference between fair market price and "quick disposition" value to know your potential charge-off liability. At Property Valuation Group, we have the background in both furnishing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time constraints.

Property Valuation Group has the qualifications to work with the special dynamics of a foreclosure appraisal. Contact Property Valuation Group for a company you can trust.

Special challenges might be present when dealing with owners of homes in foreclosure. They could be disinclined to allow an inspection of the home. If they deserted the property already, they may have ignored the care of the house for quite awhile - or even worse, caused damage to the property.

You will be interested in a fast disposition if the house has already returned to Real Estate Owned. So you may want to know and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work done to it, with the work required to make the property marketable at full market value appropriate with competing houses in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the unique situation of an REO house, in addition to the unique data you'll need -- competing listings, market trends, and so forth. You can rely on Property Valuation Group to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.

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