Tri-County Appraisal Group, Inc. is experienced when it comes to foreclosures in WayneProperties in foreclosure and houses that have reverted to the financial institution's ownership bring forth unique appraisal challenges. For a home in foreclosure, you might need to recognize the difference between fair market value and "quick disposition" value to know your potential charge-off liability. The professionals at Tri-County Appraisal Group, Inc. can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your timeline. We have the experience to deal with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Tri-County Appraisal Group, Inc.. Special challenges can be present when dealing with owners of properties in foreclosure. They could be opposed to allowing an inspection of the home. If they moved out of the house already, they might have overlooked the care of the house for quite some time - or worse, damaged the house. You will be interested in a quick disposition if the home has gone back to bank owned. So you might want to understand and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the home without any work done to it, with the work called for to make the property marketable at full market value commensurate with similar properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the unique situation of an REO home, as well as the special data you will need -- competing listings, neighborhood trends, and so forth. You can rely on Tri-County Appraisal Group, Inc. to take on the task of your bank owned property professionally and efficiently. Contact us today. |