![]() Foreclosure Appraisal in Stafford CountyHouses that have gone back to the institution's holding and houses in foreclosure create particular appraisal challenges. It's vital to differentiate the difference between fair market worth and "quick disposition" price to evaluate your probable charge-off liability when dealing with a house in foreclosure. The professionals at Bridges Valuation Services can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your urgency. We have the expertise to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Bridges Valuation Services. Owners of houses in foreclosure, of course, can present particular challenges. They may be uncooperative to allowing an inspection of the property. If they deserted the property already, they may have not taken care of the home for a long time - or even worse, damaged the house. If your home has reverted to Real Estate Owned, you will interested in a speedy disposition. But you may want to know and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work done to it, with the work necessary to make the house marketable at full market value corresponding with competing properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the special situation of a bank owned home, as well as the specific information you'll need -- competing listings, market trends, and the like. You can bank on Bridges Valuation Services to take on the task of your REO professionally and efficiently. Contact us today. |