Call Property Valuation Group to discuss appraisals of Oakland foreclosures

Real Estate Owned and Foreclosure Appraisal in Oakland County

Properties in foreclosure and homes that have gone back to the bank's ownership create unique appraisal difficulties.

You should ascertain the difference between fair market value and "quick disposition" value to evaluate what losses you could realize when dealing with a house in foreclosure. At Property Valuation Group, we have the knowledge in both producing snapshots of fair market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your time line.

We have the training to deal with the particular dynamics of a foreclosure appraisal. Contact Property Valuation Group for a company you can count on.

Occupants of houses in foreclosure could be disinclined to allow an inspection of the house, thus presenting unique challenges. If they abandoned the home already, they could have overlooked the care of the property for awhile - or even worse, damaged the house.

For real estate that has changed to REO, you likewise will be seeking a quick disposition . However, you may want to understand and compare three values: as-is, as repaired, and "quick sale." These represent the value of the house without any work done to it, with the repairs necessary to make the home marketable at full market value consistent with competing real estate in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the unique circumstances of a Real Estate Owned home, in addition to the specific data you will need -- competing listings, market trends, and so forth. You can rely on Property Valuation Group to take on the appraisal of your REO professionally and efficiently. Contact us today.

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Mtg Loan Rate APR
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* national averages