Real Estate Owned Appraisal in Taylor CountyThere are particular appraisal problems involved in a home in foreclosure or one that has reverted to the institution's holding. For a property in foreclosure, you might need to understand the gap between the fair market price and "quick disposition" price to know your probable charge-off liability. The professionals at John Fanning & Associates can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into account your urgency. John Fanning & Associates has the expertise to deal with the special dynamics of a foreclosure appraisal. For a company you can trust, contact John Fanning & Associates. Owners of property in foreclosure, of course, can present specific challenges. They might be opposed to allowing an inspection of the house. If they deserted the house already, they could have neglected care of the house for awhile - or worse, damaged the house. If your house has returned to REO, you will interested in a speedy disposition. But you might want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work performed, with the repairs necessary to make the property marketable at full market value commensurate with competing properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the unique circumstances of an REO home, as well as the unique data you'll need -- competing listings, neighborhood trends, and the like. You can bank on John Fanning & Associates to handle the task of your REO with expertise and professionalism. Contact us today. |