Mountain High Appraisals, LLC is experienced when you need appraisals for foreclosures in Denver
Homes that have returned to the institution's possession and homes in foreclosure bring forth particular appraisal challenges.
It's important to ascertain the difference between fair market value and "quick disposition" worth to analyze your possible write-down liability when dealing with a property in foreclosure. The professionals at Mountain High Appraisals, LLC can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your timeline.
You need a company who has the expertise to handle the special dynamics of a foreclosure appraisal. Contact Mountain High Appraisals, LLC for a company you can rely on.
Owners of property in foreclosure could be disinclined to allow an inspection of the house, thus presenting unique challenges. If they have abandoned the house already, they could have ignored the care of the property for quite awhile - or worse, damaged the house.
If your house has reverted to REO, you will interested in an expeditious disposition. However, you may want to understand and compare three values: as-is, as repaired, and "quick sale." These represent the value of the home without any work performed, with the repairs necessary to make the home marketable at full market value corresponding with similar real estate in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely to someone who'd prefer to finish the job themselves. Again, we understand your time line and the specific situation of an REO property, in addition to the specific data you'll need -- competing listings, market trends, and so forth. You can count on Mountain High Appraisals, LLC to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.