Foreclosure Appraisals in Oakland CountyHouses that have reverted to the institution's ownership and homes in foreclosure create special appraisal challenges. It's vital to understand the difference between fair market worth and "quick disposition" value to analyze what losses you might have to endure when dealing with a property in foreclosure. Property Valuation Group has the training in both producing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your urgency. The professionals at Property Valuation Group have the experience to deal with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Property Valuation Group. Owners of property in foreclosure, of course, can present special challenges. They might be unwilling to allow an inspection of the house. If they abandoned the home already, they might have ignored the care of the home for some time - or unfortunately, damaged the home. If your property has returned to bank owned, you will interested in an expeditious disposition. But you might want to understand and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any repairs performed, with the work called for to make the house marketable at full market value corresponding with competing properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your time line and the specific situation of a bank owned house, as well as the specific information you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Property Valuation Group to handle the task of your REO with expertise and professionalism. Contact us today. |
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