Appraise Colorado Inc is experienced when it comes to foreclosures in Arapahoe
Homes that have reverted to the financial institution's control and houses in foreclosure bring forth various appraisal problems.
It's vital to understand the difference between fair market value and "quick disposition" price to evaluate your possible write-down liability when dealing with a home in foreclosure. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into consideration your timeline.
We have the experience to work with the specific dynamics of a foreclosure appraisal. Contact Appraise Colorado Inc for a company you can trust.
Particular challenges can be present when dealing with owners of property in foreclosure. They could be unwilling to allow an inspection of the property. Sometimes the houses have been ransacked, unfortunately by the former residents. Or, it's likely you'll discover the residents have moved out or the home languishing in disrepair for long of time.
You'll be interested in an expeditious disposition if the home has gone back to REO. So you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any repairs performed, with the repairs called for to make the home marketable at full market value comparable with the other 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 unique situation of an REO home, as well as the specific data you'll need -- competing listings, neighborhood trends, and the like. You can rely on Appraise Colorado Inc to handle the appraisal of your REO professionally and efficiently. Contact us today.