Foreclosure and REO Appraisals in Clark CountyProperties in foreclosure and homes that have reverted to the bank's possession present special appraisal problems. For a house in foreclosure, you might need to understand the difference between the fair market worth and "quick disposition" value to know your probable charge-off liability. At AAAnderson Associates Inc., we have the experience in both presenting snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your timeline. AAAnderson Associates Inc. has the expertise to handle the particular dynamics of a foreclosure appraisal. Contact AAAnderson Associates Inc. for a company you can count on. Owners of properties in foreclosure, of course, can present special challenges. They may be unwilling to allow an inspection of the house. If they abandoned the home already, they could have not taken care of the property for a long time - or even worse, caused damage to the home. If your property has already reverted to Real Estate Owned, you will interested in a speedy disposition. But you may want to understand and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any repairs performed, with the repairs due to make the home marketable at full market value comparable with the other properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your urgency and the special circumstances of a bank owned home, in addition to the specific data you'll need -- competing listings, market trends, and so forth. You can rely on AAAnderson Associates Inc. to handle the task of your bank owned property professionally and efficiently. Contact us today. |