Foreclosure and Real Estate Owned Appraisal in Dickson CountyThere are particular appraisal difficulties involved in a house in foreclosure or one that has returned to the institution's possession. For a house in foreclosure, you may need to know the gap between fair market and "quick disposition" price to know your potential charge-off liability. Accuracy Matters Appraisals has the background in both furnishing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency. You need a company with the training to work with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Accuracy Matters Appraisals. Occupants of in foreclosure may be unwilling to allow an inspection of the house, thus presenting special challenges. Sometimes the homes have been vandalized, often by the residents themselves. Or, it's likely you'll discover nobody has lived in house for months or the home languishing in disrepair for extended periods of time. For a home that has gone back to bank owned, you most likely will want to get rid of it quickly . However, you might want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any work performed, with the work required to make the home marketable at full market value corresponding with similar real estate in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the unique situation of a bank owned property, as well as the special data you'll need -- competing listings, market trends, and so forth. You can count on Accuracy Matters Appraisals to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |