is experienced when you need appraisals for foreclosures in BaltimoreProperties in foreclosure and homes that have gone back to the lender's holding create particular appraisal challenges. For a home in foreclosure, you may need to recognize the difference between fair market price and "quick disposition" to know your possible charge-off liability. The professionals at can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency. You need a company with the expertise to handle the particular dynamics of a foreclosure appraisal. For a company you can trust, contact . Owners of property in foreclosure, of course, can present special challenges. They may be disinclined to allow an inspection of the home. If they deserted the home already, they could have overlooked the care of the house for awhile - or even worse, caused damage to the home. You will be interested in an expedited disposition if the home has returned to bank owned. So you might want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any work performed, with the repairs necessary to make the property marketable at full market value commensurate with similar houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the unique situation of a bank owned property, in addition to the unique information you'll need -- competing listings, market trends, and the like. You can bank on to handle the task of your REO professionally and efficiently. Contact us today. |