Ed Cline Appraisals is a company you can trust when you need appraisals for bank owned properties in Beaver
Homes that have reverted to the financial institution's control and homes in foreclosure bring forth special appraisal difficulties.
You should ascertain the difference between fair market worth and "quick disposition" price to evaluate your likely write-down liability when dealing with a property in foreclosure. Ed Cline Appraisals has the training in both producing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time line.
We have the training to work with the specific dynamics of a foreclosure appraisal. Contact Ed Cline Appraisals for a company you can count on.
Occupants of in foreclosure could be opposed to allowing an inspection of the home, thus presenting special challenges. Often the homes have been ransacked, often by the former residents. Or, it's common to discover the previous owners have moved out or the home languishing in disrepair for extended periods of time.
For real estate that has gone back to Real Estate Owned, you probably will be interested in an expeditious resolution . However, you may want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any repairs performed, with the repairs required to make the house marketable at full market value comparable with competing homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your urgency and the specific circumstances of an REO home, as well as the specific data you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Ed Cline Appraisals to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.