REO and Foreclosure Appraisal in Orleans CountyHomes that have reverted to the bank's holding and homes in foreclosure present special appraisal difficulties. For a home in foreclosure, you might need to recognize the difference between the fair market value and "quick disposition" value to know your possible charge-off liability. The professionals at Pollock Appraisal Group, LLC can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your timeline. The professionals at Pollock Appraisal Group, LLC have the expertise to handle the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Pollock Appraisal Group, LLC. Owners of properties in foreclosure, of course, can present specific challenges. They may be disinclined to allow an inspection of the property. They could have abandoned the house already and/or overlooked the care of the home for some time - or unfortunately, vandalized the property. For real estate that has gone back to Real Estate Owned, you probably will be interested in an expedited disposition . But you might want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any work performed, with the repairs required to make the home marketable at full market value commensurate with competing homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your timeline and the specific circumstances of an REO house, as well as the unique information you will need -- competing listings, market trends, and the like. You can rely on Pollock Appraisal Group, LLC to handle the task of your bank owned property with expertise and professionalism. Contact us today. |