REO and Foreclosure Appraisal in Humboldt CountyReal Estate in foreclosure and houses that have reverted to the financial institution's possession create particular appraisal challenges. You need to differentiate the difference between fair market worth and "quick disposition" value to analyze your possible write-down liability when dealing with a house in foreclosure. At Valicity LLC, we have the experience in both furnishing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time line. The professionals at Valicity LLC have the experience to work with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Valicity LLC. Special challenges can be present when working with owners of properties in foreclosure. They could be uncooperative to allowing an inspection of the house. Often the houses have been vandalized, unfortunately by the residents. Or, it's likely you'll find a house at least abandoned or the home neglected for long of time. You will be interested in an expedited disposition if the house has already reverted to REO. So you need to know and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any repairs performed, with the repairs necessary to make the house marketable at full market value commensurate with competing properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the special situation of a Real Estate Owned house, in addition to the unique information you will need -- competing listings, neighborhood trends, and so forth. You can bank on Valicity LLC to take on the appraisal of your REO professionally and efficiently. Contact us today. |