New Age Appraisal Corp is experienced when it comes to bank owned properties in SurpriseThere are special appraisal difficulties regarding a house in foreclosure or one that has returned to the financial institution's ownership. You should recognize the difference between fair market worth and "quick disposition" price to evaluate what losses you could have to endure when dealing with a property in foreclosure. At New Age Appraisal Corp, we have the background in both presenting snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your timeline. New Age Appraisal Corp has the training to handle the special dynamics of a foreclosure appraisal. Contact New Age Appraisal Corp for a company you can count on. Owners of properties in foreclosure, of course, can present particular challenges. They may be disinclined to allow an inspection of the home. Often the properties have been ransacked, often by the former residents. Or, it's likely you'll find a house at least abandoned or the home neglected for long of time. You will be interested in a fast disposition if the house has returned to bank owned. So you might want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the value of the home without any repairs performed, with the repairs needed to make the home marketable at full market value corresponding with similar properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your time line and the specific circumstances of a Real Estate Owned property, in addition to the specific data you will need -- competing listings, neighborhood trends, and the like. You can count on New Age Appraisal Corp to handle the task of your REO with expertise and professionalism. Contact us today. |