NE AL Appraisals is experienced when it comes to foreclosures in JacksonHouses in foreclosure and properties that have returned to the financial institution's ownership present specific appraisal difficulties. It's important to recognize the difference between fair market worth and "quick disposition" worth to analyze your probable charge-off liability when dealing with a home in foreclosure. NE AL Appraisals has the background in both supplying snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into consideration your time line. We have the expertise to work with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact NE AL Appraisals. Occupants of properties in foreclosure could be uncooperative to allowing an inspection of the home, thus presenting particular challenges. They may have moved out of the home already and/or overlooked the care of the home for quite some time - or worse, caused damage to the home. You'll be interested in a fast disposition if the home has changed 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 worth of the property without any work done to it, with the repairs necessary to make the home marketable at full market value consistent with competing houses in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the specific circumstances of an REO house, as well as the unique data you'll need -- competing listings, neighborhood trends, and so forth. You can count on NE AL Appraisals to take on the task of your REO with expertise and professionalism. Contact us today. |