Tri-County Appraisal Group, Inc. is experienced when it comes to bank owned properties in Dearborn HeightsHomes that have gone back to the financial institution's ownership and properties in foreclosure bring forth particular appraisal difficulties. It's important to understand the difference between fair market worth and "quick disposition" worth to analyze what losses you could have to endure when dealing with a house in foreclosure. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into account your time constraints. We have the experience to handle the particular dynamics of a foreclosure appraisal. Contact Tri-County Appraisal Group, Inc. for a company you can rely on. Special challenges can be present when working with owners of houses in foreclosure. They might be unwilling to allow an inspection of the property. They might have deserted the property already and/or neglected care of the property for quite awhile - or gone as far as vandalized the home. If your house has changed to bank owned, you will interested in an expedited disposition. However, you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any repairs performed, with the work due to make the property marketable at full market value commensurate with the other homes in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the unique circumstances of an REO house, in addition to the unique information you will need -- competing listings, market trends, and the like. You can count on Tri-County Appraisal Group, Inc. to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |