Silverpilen Corp. is a company you can trust when you need appraisals for foreclosures in EmmetThere are unique appraisal challenges involved in a property in foreclosure or one that has gone back to the institution's holding. When dealing with a home in foreclosure, it's important to know the difference between fair market price and "quick disposition" price to analyze your potential charge-off liability. Silverpilen Corp. has the experience in both furnishing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your time constraints. The professionals at Silverpilen Corp. have the experience to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Silverpilen Corp.. Special challenges may be present when working with owners of houses in foreclosure. They might be unwilling to allow an inspection of the property. Often the homes have been vandalized, unfortunately by the former residents. Or, it's likely you'll discover nobody has occupied the house for months or the home languishing in disrepair for extended periods of time. You will be interested in an expeditious disposition if the property has gone back to Real Estate Owned. So you need to know and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any repairs done to it, with the repairs due to make the property marketable at full market value commensurate with the other houses in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the unique circumstances of an REO property, as well as the specific information you will need -- competing listings, market trends, and so forth. You can rely on Silverpilen Corp. to handle the task of your REO professionally and efficiently. Contact us today. |