Preferred Appraisers, Inc. is a company you can trust when it comes to bank owned properties in Sewell
Properties that have gone back to the institution's possession and homes in foreclosure bring forth unique appraisal problems.
For a home in foreclosure, you may need to understand the gap between fair market and "quick disposition" price to know your probable charge-off liability. At Preferred Appraisers, Inc., we have the training in both presenting snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your urgency.
You need a company who has the qualifications to handle the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Preferred Appraisers, Inc..
Owners of houses in foreclosure could be opposed to allowing an inspection of the house, thus presenting particular challenges. They may have moved out of the property already and/or overlooked the care of the property for some time - or gone as far as damaged the property.
For a home that has reverted to Real Estate Owned, you typically will want it off your hands as quickly as possible . But you might want to know and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs done to it, with the work due to make the property marketable at full market value corresponding with similar houses in the area, 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 special situation of a Real Estate Owned property, as well as the unique data you will need -- competing listings, neighborhood trends, and so forth. You can rely on Preferred Appraisers, Inc. to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.