People's Choice Appraisals is a company you can trust when it comes to foreclosures in RichlandsHouses in foreclosure and properties that have reverted to the lender's ownership create particular appraisal challenges. When dealing with a home in foreclosure, you need to differentiate the difference between fair market worth and "quick disposition" worth to analyze your likely charge-off liability. At People's Choice Appraisals, we have the training in both providing snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your urgency. People's Choice Appraisals has the qualifications to work with the specific dynamics of a foreclosure appraisal. Contact People's Choice Appraisals for a company you can trust. Occupants of dwellings in foreclosure may be disinclined to allow an inspection of the house, thus presenting particular challenges. Sometimes the homes have been intentionally damaged, unfortunately by the former residents. Or, it's likely you'll find a house at a minimum abandoned or the home neglected for long of time. If your home has already gone back to REO, you will interested in an expeditious disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any repairs done to it, with the repairs called for to make the house marketable at full market value commensurate with the other properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your urgency and the unique situation of an REO home, in addition to the special data you will need -- competing listings, market trends, and the like. You can bank on People's Choice Appraisals to take on the task of your bank owned property professionally and efficiently. Contact us today. |