Appraisal Services of Brandon, Inc . is a company you can trust when it comes to bank owned properties in Hillsborough
Properties in foreclosure and properties that have returned to the bank's holding bring forth special appraisal challenges.
When dealing with a home in foreclosure, you should understand the difference between fair market price and "quick disposition" worth to analyze your potential charge-off liability. At Appraisal Services of Brandon, Inc ., we have the experience in both supplying snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line.
You need a company who has the training to deal with the particular dynamics of a foreclosure appraisal. Contact Appraisal Services of Brandon, Inc . for a company you can trust.
Unique challenges can be present when dealing with owners of property in foreclosure. They may be uncooperative to allowing an inspection of the property. Sometimes the houses show signs of vandalism, often at the hands of the former residents. Or, it's common to find the previous owners have moved out or the home neglected for long of time.
You'll be interested in a fast disposition if the house has already gone back to Real Estate Owned. So you need to know about and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work performed, with the repairs needed to make the home marketable at full market value commensurate with the other properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the specific circumstances of an REO home, in addition to the unique information you will need -- competing listings, market trends, and the like. You can bank on Appraisal Services of Brandon, Inc . to handle the task of your bank owned property professionally and efficiently. Contact us today.