![]() Real Estate Owned and Foreclosure Appraisals in Potter CountyHouses in foreclosure and houses that have reverted to the institution's ownership bring forth unique appraisal challenges. It's important to ascertain the difference between fair market worth and "quick disposition" price to know your possible charge-off liability when dealing with a house in foreclosure. The professionals at Anderson Appraisal, LLC can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your urgency. We have the experience to handle the specific dynamics of a foreclosure appraisal. Contact Anderson Appraisal, LLC for a company you can trust. Occupants of houses in foreclosure may be unwilling to allow an inspection of the home, thus presenting unique challenges. They might have moved out of the house already and/or ignored the care of the home for quite some time - or unfortunately, damaged the house. If your house has changed to bank owned, you will interested in a quick disposition. However, you may want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs done to it, with the work called for to make the home marketable at full market value commensurate with the other properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly to someone who'd prefer to finish the job themselves. Again, we understand your time line and the specific situation of a bank owned house, as well as the special data you will need -- competing listings, market trends, and the like. You can bank on Anderson Appraisal, LLC to take on the task of your REO professionally and efficiently. Contact us today. |