REO and Foreclosure Appraisal in Hamilton and surround CountiesThere are various appraisal challenges for a home in foreclosure or one that has reverted to the bank's ownership. For a home in foreclosure, you may need to recognize the difference between the fair market value and "quick disposition" value to know your likely charge-off liability. Meador Group, Inc has the training in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your timeline. We have the training to work with the special dynamics of a foreclosure appraisal. Contact Meador Group, Inc for a company you can count on. Owners of homes in foreclosure, of course, can present particular challenges. They may be disinclined to allow an inspection of the home. They might have abandoned the home already and/or overlooked the care of the house for awhile - or unfortunately, damaged the house. If your property has returned to REO, you will interested in a fast disposition. But you might want to understand and compare three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work performed, with the work called for to make the property marketable at full market value consistent with similar houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your urgency and the unique circumstances of a Real Estate Owned property, in addition to the unique information you will need -- competing listings, neighborhood trends, and so forth. You can count on Meador Group, Inc to take on the task of your bank owned property with expertise and professionalism. Contact us today. |