Real Estate Owned and Foreclosure Appraisal in Adams CountyThere are particular appraisal challenges when it comes to a property in foreclosure or one that has reverted to the bank's control. For a house in foreclosure, you should understand the gap between the fair market and "quick disposition" to know your likely charge-off liability. At Robert Michael Lambert, we have the knowledge in both producing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time constraints. You need a company with the training to deal with the special dynamics of a foreclosure appraisal. Contact Robert Michael Lambert for a company you can count on. Occupants of houses in foreclosure could be opposed to allowing an inspection of the home, thus presenting particular challenges. Often the homes have been intentionally damaged, often at the hands of the former residents. Or, it's likely you'll find the families have moved out or the home neglected for long of time. If your house has already gone back to REO, you will interested in a speedy disposition. However, you might want to understand and review three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work done to it, with the work required to make the house marketable at full market value comparable with the other properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the specific circumstances of a bank owned property, in addition to the special information you'll need -- competing listings, neighborhood trends, and the like. You can rely on Robert Michael Lambert to handle the task of your REO professionally and efficiently. Contact us today. |