Appraisal Services of Brandon, Inc . is a company you can trust when you need appraisals for bank owned properties in Hillsborough
There are specific appraisal difficulties when it comes to a property in foreclosure or one that has reverted to the financial institution's ownership.
You should recognize the difference between fair market worth and "quick disposition" value to know what losses you could have to endure when dealing with a house in foreclosure. At Appraisal Services of Brandon, Inc ., we have the background in both producing snapshots of fair market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your urgency.
You need a company who has the experience to handle the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Appraisal Services of Brandon, Inc ..
Owners of homes in foreclosure might be unwilling to allow an inspection of the house, thus presenting particular challenges. Sometimes the homes show signs of vandalism, often by the residents themselves. Or, it's likely you'll find a house at least abandoned or the home languishing in disrepair for long of time.
You'll be interested in an expedited disposition if the home has already reverted to Real Estate Owned. So you might want to know and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the house without any work performed, with the work called for to make the home marketable at full market value commensurate with competing real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the specific situation of a Real Estate Owned house, in addition to the specific data you will need -- competing listings, market trends, and so forth. You can count on Appraisal Services of Brandon, Inc . to take on the task of your REO professionally and efficiently. Contact us today.