Ed Cline Appraisals is experienced when it comes to foreclosures in Beaver Falls
Homes in foreclosure and properties that have returned to the financial institution's possession create various appraisal difficulties.
For a property in foreclosure, you may need to recognize the gap between the fair market price and "quick disposition" worth to know your potential charge-off liability. Ed Cline Appraisals has the knowledge in both supplying snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into consideration your urgency.
We have the expertise to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Ed Cline Appraisals.
Owners of homes in foreclosure, of course, can present special challenges. They might be opposed to allowing an inspection of the house. They could have moved out of the property already and/or overlooked the care of the home for some time - or even worse, vandalized the house.
If your property has returned to Real Estate Owned, you will interested in a quick disposition. However, you might want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs done to it, with the repairs needed to make the property marketable at full market value commensurate with similar real estate in the neighborhood, 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 situation of a bank owned house, in addition to the unique information you'll need -- competing listings, neighborhood trends, and the like. You can bank on Ed Cline Appraisals to handle the appraisal of your REO professionally and efficiently. Contact us today.