Appraisal Techniques, Inc. is a company you can trust when you need appraisals for foreclosures inHomes that have reverted to the institution's ownership and properties in foreclosure create specific appraisal difficulties. When there is a property in foreclosure, it's important to know the difference between fair market value and "quick disposition" value to know your potential charge-off liability. Appraisal Techniques, Inc. has the knowledge in both supplying snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your urgency. You need a company who has the experience to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Appraisal Techniques, Inc.. Particular challenges may be present when dealing with owners of properties in foreclosure. They might be unwilling to allow an inspection of the property. Often the houses have been vandalized, often at the hands of the residents themselves. Or, it's likely you'll discover the residents have moved out or the home neglected for long of time. If your house has changed to bank owned, you will interested in a fast disposition. But you may want to understand and compare three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any work performed, with the repairs necessary to make the home marketable at full market value corresponding with similar real estate in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the unique circumstances of an REO home, in addition to the special information you'll need -- competing listings, neighborhood trends, and so forth. You can count on Appraisal Techniques, Inc. to take on the appraisal of your REO professionally and efficiently. Contact us today. |