Crest Appraisal Services is experienced when it comes to bank owned properties in KingHouses that have returned to the institution's possession and properties in foreclosure present various appraisal difficulties. You need to differentiate the difference between fair market value and "quick disposition" value to analyze what losses you could realize when dealing with a property in foreclosure. Crest Appraisal Services has the experience in both providing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your timeline. Crest Appraisal Services has the qualifications to handle the specific dynamics of a foreclosure appraisal. Contact Crest Appraisal Services for a company you can count on. Owners of property in foreclosure, of course, can present unique challenges. They may be disinclined to allow an inspection of the house. They may have left the home already and/or overlooked the care of the home for quite awhile - or worse, intentionally harmed the house. If your house has reverted to Real Estate Owned, you will interested in an expedited disposition. But you may want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any work done to it, with the work required to make the property marketable at full market value comparable with similar houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the unique situation of a bank owned home, in addition to the unique data you will need -- competing listings, neighborhood trends, and the like. You can bank on Crest Appraisal Services to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |