Real Property Metrics is experienced when it comes to bank owned properties in Lake WorthThere are unique appraisal problems when we're talking about a property in foreclosure or one that has gone back to the financial institution's possession. It's vital to ascertain the difference between fair market worth and "quick disposition" price to evaluate your probable charge-off liability when dealing with a home in foreclosure. At Real Property Metrics, we have the training in both furnishing snapshots of fair market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your time constraints. Real Property Metrics has the training to handle the special dynamics of a foreclosure appraisal. Contact Real Property Metrics for a company you can rely on. Owners of property in foreclosure, of course, can present unique challenges. They might be unwilling to allow an inspection of the home. If they deserted the property already, they could have neglected care of the property for awhile - or unfortunately, caused damage to the home. If your house has returned to REO, you will interested in an expeditious disposition. However, you may want to know and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any work done to it, with the work called for to make the property marketable at full market value comparable with the other homes 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 time line and the specific situation of a Real Estate Owned property, as well as the special information you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Real Property Metrics to handle the appraisal of your bank owned property professionally and efficiently. Contact us today. |