Mowery Appraisal Svc is a company you can trust when it comes to foreclosures in Cloverdale
There are specific appraisal challenges when we're talking about a property in foreclosure or one that has gone back to the bank's holding.
It's important to differentiate the difference between fair market worth and "quick disposition" price to evaluate what losses you stand to realize when dealing with a property in foreclosure. Mowery Appraisal Svc has the background in both providing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your time constraints.
We have the expertise to handle the unique dynamics of a foreclosure appraisal. Contact Mowery Appraisal Svc for a company you can rely on.
Owners of homes in foreclosure, of course, can present special challenges. They could be unwilling to allow an inspection of the home. They may have left the house already and/or neglected care of the property for quite some time - or even worse, damaged the home.
For real estate that has already reverted to bank owned, you probably will be interested in a speedy disposition . But you might want to understand and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any repairs performed, with the repairs necessary to make the property marketable at full market value commensurate with similar homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your timeline and the special situation of an REO property, in addition to the unique information you will need -- competing listings, neighborhood trends, and the like. You can count on Mowery Appraisal Svc to take on the task of your bank owned property with expertise and professionalism. Contact us today.