Foreclosure and Real Estate Owned Appraisals in Twin Falls CountyThere are unique appraisal challenges for a home in foreclosure or one that has reverted to the bank's control. When dealing with a property in foreclosure, it's important to understand the difference between fair market price and "quick disposition" value to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into consideration your time constraints. The professionals at Higley & Associates, Inc. have the experience to deal with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Higley & Associates, Inc.. Unique challenges may be present when dealing with owners of property in foreclosure. They might be opposed to allowing an inspection of the property. If they moved out of the property already, they could have ignored the care of the home for quite some time - or even worse, damaged the property. For real estate that has already changed to Real Estate Owned, you probably will want to get rid of it quickly . However, you might want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs done to it, with the work called for to make the property marketable at full market value consistent with similar homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the special situation of an REO house, as well as the special data you'll need -- competing listings, neighborhood trends, and the like. You can rely on Higley & Associates, Inc. to take on the appraisal of your REO professionally and efficiently. Contact us today. |