Certified Residential Appraisal, Inc. is experienced when it comes to foreclosures in Orland ParkThere are special appraisal problems when we're talking about a home in foreclosure or one that has reverted to the lender's ownership. When dealing with a home in foreclosure, it's important to differentiate the difference between fair market value and "quick disposition" price to analyze your potential charge-off liability. The professionals at Certified Residential Appraisal, Inc. can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your urgency. We have the expertise to work with the unique dynamics of a foreclosure appraisal. Contact Certified Residential Appraisal, Inc. for a company you can count on. Occupants of dwellings in foreclosure may be uncooperative to allowing an inspection of the house, thus presenting specific challenges. Sometimes the properties have been ransacked, unfortunately by the residents themselves. Or, it's common to find the residents have moved out or the home languishing in disrepair for extended periods of time. If your house has gone back to bank owned, you will interested in a speedy disposition. However, you might want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any repairs performed, with the work needed to make the home marketable at full market value appropriate with the other homes in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the special circumstances of a bank owned property, as well as the special information you'll need -- competing listings, neighborhood trends, and the like. You can count on Certified Residential Appraisal, Inc. to take on the task of your bank owned property with expertise and professionalism. Contact us today. |
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