A. M. Appraisals is experienced when you need appraisals for bank owned properties in West Columbia
Homes that have returned to the financial institution's holding and houses in foreclosure bring forth unique appraisal difficulties.
It's vital to recognize the difference between fair market value and "quick disposition" worth to evaluate your probable charge-off liability when dealing with a house in foreclosure. A. M. Appraisals has the training in both producing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your timeline.
We have the training to work with the unique dynamics of a foreclosure appraisal. Contact A. M. Appraisals for a company you can trust.
Unique challenges may be present when working with owners of property in foreclosure. They might be uncooperative to allowing an inspection of the property. If they moved out of the home already, they could have neglected care of the property for some time - or unfortunately, damaged the house.
You'll be interested in a quick disposition if the home has returned to REO. So you may want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs done to it, with the work needed to make the property marketable at full market value commensurate with the other real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the unique circumstances of a Real Estate Owned property, in addition to the unique data you will need -- competing listings, neighborhood trends, and so forth. You can count on A. M. Appraisals to take on the task of your REO with expertise and professionalism. Contact us today.
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