Real Estate Owned Appraisal in Fairfax City CountyReal Estate in foreclosure and houses that have gone back to the financial institution's possession bring forth special appraisal problems. It's important to know the difference between fair market value and "quick disposition" value to know what losses you could have to endure when dealing with a property in foreclosure. has the training in both providing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your timeline. has the expertise to handle the special dynamics of a foreclosure appraisal. Contact for a company you can count on. Owners of in foreclosure may be uncooperative to allowing an inspection of the house, thus presenting unique challenges. They may have abandoned the house already and/or overlooked the care of the home for quite some time - or even worse, intentionally harmed the home. You'll be interested in an expedited disposition if the property has returned to REO. So you might want to understand and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs performed, with the repairs needed to make the property marketable at full market value comparable with similar houses in the neighborhood, 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 home, in addition to the unique information you will need -- competing listings, market trends, and so forth. You can bank on to take on the task of your bank owned property with expertise and professionalism. Contact us today. |