Andy Ceberio Appraisal Services is a company you can trust when you need appraisals for foreclosures in MonroeThere are particular appraisal difficulties when we're talking about a house in foreclosure or one that has reverted to the bank's ownership. You need to understand the difference between fair market value and "quick disposition" price to know what losses you might realize when dealing with a house in foreclosure. Andy Ceberio Appraisal Services has the background in both supplying snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency. Andy Ceberio Appraisal Services has the expertise to work with the particular dynamics of a foreclosure appraisal. Contact Andy Ceberio Appraisal Services for a company you can count on. Specific challenges can be present when dealing with owners of homes in foreclosure. They might be disinclined to allow an inspection of the property. If they left the property already, they could have overlooked the care of the house for awhile - or unfortunately, caused damage to the home. You'll be interested in a quick disposition if the property has gone back to Real Estate Owned. So you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any repairs done to it, with the work necessary to make the house marketable at full market value appropriate with competing properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your urgency and the special circumstances of an REO house, in addition to the special data you'll need -- competing listings, neighborhood trends, and so forth. You can count on Andy Ceberio Appraisal Services to handle the task of your bank owned property with expertise and professionalism. Contact us today. |