Appraisal Services of Brandon, Inc . is a company you can trust when it comes to bank owned properties in Hillsborough
There are particular appraisal problems for a house in foreclosure or one that has reverted to the financial institution's control.
When dealing with a property in foreclosure, you should know the difference between fair market worth and "quick disposition" worth to analyze your possible charge-off liability. Appraisal Services of Brandon, Inc . has the training in both providing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into consideration your time line.
We have the experience to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Appraisal Services of Brandon, Inc ..
Owners of property in foreclosure might be uncooperative to allowing an inspection of the house, thus presenting specific challenges. Sometimes the houses show signs of vandalism, unfortunately by the residents. Or, it's common to discover nobody has occupied the house for months or the home languishing in disrepair for extended periods of time.
If your property has already returned to REO, you will interested in a fast disposition. However, you might want to know about and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any repairs performed, with the repairs needed to make the home marketable at full market value comparable with competing homes in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your time line and the unique circumstances of a bank owned house, as well as the specific information you will need -- competing listings, neighborhood trends, and so forth. You can count on Appraisal Services of Brandon, Inc . to handle the task of your REO professionally and efficiently. Contact us today.