Keir's Appraisal Services is experienced when it comes to foreclosures in Hypoluxo, FloridaThere are unique appraisal problems involved in a property in foreclosure or one that has returned to the bank's possession.When there is a house in foreclosure, it's important to know market value versus a "quick disposition" value to evaluate your likely charge-off liability. We can provide both snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints.
Owners of properties in foreclosureunfortunately can present special challenges: For example, they might be uncooperative when it comes to allowing us access to the home. Often the homes have been ransacked, often by the former residents themselves. Or, it's likely you'll find the residents have moved out or the home languishing in disrepair for extended periods of time.
For real estate that has gone back to REO, you probably will want it off your hands as quickly as possible. In any case, you'll still want to consider three ways of figuring the value of the asset (or in some cases, liability): |