Foreclosure and REO Appraisal in Iron CountyHouses that have returned to the institution's possession and houses in foreclosure present specific appraisal problems. For a house in foreclosure, you might need to know the difference between fair market and "quick disposition" worth to know your likely charge-off liability. MWW Appraisals LLC has the training in both presenting snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your urgency. You need a company with the experience to handle the particular dynamics of a foreclosure appraisal. For a company you can count on, contact MWW Appraisals LLC. Occupants of homes in foreclosure could be disinclined to allow an inspection of the house, thus presenting specific challenges. They may have moved out of the house already and/or ignored the care of the house for quite some time - or gone as far as intentionally harmed the house. If your property has returned to Real Estate Owned, you will interested in an expedited disposition. However, you might want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any repairs performed, with the work needed to make the property marketable at full market value comparable with competing houses in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique circumstances of a Real Estate Owned home, in addition to the unique information you'll need -- competing listings, market trends, and so forth. You can count on MWW Appraisals LLC to handle the appraisal of your REO with expertise and professionalism. Contact us today. |