Real Estate Owned Appraisal in Emmet CountyThere are specific appraisal difficulties regarding a property in foreclosure or one that has reverted to the financial institution's ownership. When dealing with a property in foreclosure, you need to ascertain the difference between fair market worth and "quick disposition" worth to know your probable charge-off liability. Silverpilen Corp. has the knowledge in both furnishing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your urgency. You need a company who has the experience to deal with the particular dynamics of a foreclosure appraisal. Contact Silverpilen Corp. for a company you can rely on. Unique challenges might be present when dealing with owners of houses in foreclosure. They might be disinclined to allow an inspection of the house. If they moved out of the property already, they could have overlooked the care of the home for quite awhile - or even worse, caused damage to the house. If your property has gone back to Real Estate Owned, you will interested in a speedy disposition. But you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the house without any repairs done to it, with the work called for to make the property marketable at full market value corresponding with competing homes 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 urgency and the specific situation of an REO home, as well as the specific information you will need -- competing listings, neighborhood trends, and the like. You can count on Silverpilen Corp. to take on the task of your bank owned property with expertise and professionalism. Contact us today. |