Foreclosure and REO Appraisal in Collier CountyProperties that have gone back to the bank's ownership and houses in foreclosure bring forth particular appraisal difficulties.It's vital to know the meanings of "market value" and a "quick disposition" price to analyze your probable write-down liability when dealing with a house in foreclosure. The professionals at Mark Revak Inc can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your pressing needs.
Occupants of homes in foreclosure might be opposed to allowing an inspection of the house, thus presenting specific challenges. They might have left the property already and/or ignored the care of the property for awhile - or even worse, caused damage to the house.
For a house that has already returned to Real Estate Owned, you probably will be seeking a quick resolution. Regardless, you'll still want to consider three angles for looking at the value of the subject property: |