Caloosa Appraisal Services, Inc. is experienced when it comes to bank owned propertiesProperties in foreclosure and homes that have reverted to the financial institution's ownership create unique appraisal problems. It's key to understand the difference between fair market value and "quick disposition" worth to know what losses you stand to have to endure when dealing with a house in foreclosure. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time constraints. We have the expertise to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Caloosa Appraisal Services, Inc. Occupants of homes in foreclosure could be opposed to allowing an inspection of the house, thus presenting particular challenges. Often the subjects show signs of vandalism, unfortunately at the hands of the former residents themselves. Or, it's likely you'll discover a house at least abandoned or the home languishing in disrepair for long of time. If your property has already gone back to REO, you will be interested in a speedy disposition. However, you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any work done to it, with the work due to make the property marketable at full market value commensurate with the other homes in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the specific circumstances of a bank owned home, as well as the special information you will need -- competing listings, neighborhood trends, and the like. You can bank on Caloosa Appraisal Services, Inc. to take on the appraisal of your REO professionally and efficiently. Contact us today. |