Real Estate Owned and Foreclosure Appraisals in Miller County
Real Estate in foreclosure and houses that have returned to the lender's control create particular appraisal problems.
When dealing with a house in foreclosure, it's important to differentiate the difference between fair market value and "quick disposition" value to know your potential charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time line.
The professionals at MIDWEST VALUATION SERVICE, LLC have the experience to deal with the special dynamics of a foreclosure appraisal. Contact MIDWEST VALUATION SERVICE, LLC for a company you can trust.
Owners of property in foreclosure, of course, can present particular challenges. They may be disinclined to allow an inspection of the property. They could have moved out of the property already and/or overlooked the care of the property for quite some time - or unfortunately, vandalized the house.
If your property has already gone back to bank owned, you will interested in a speedy disposition. But you may want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs performed, with the work required to make the home marketable at full market value corresponding with competing homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone who'd rather finish the job themselves. Again, we understand your urgency and the specific situation of a Real Estate Owned home, as well as the special information you'll need -- competing listings, neighborhood trends, and so forth. You can count on MIDWEST VALUATION SERVICE, LLC to take on the task of your bank owned property with expertise and professionalism. Contact us today.