REO Appraisal in Denver County
Houses in foreclosure and properties that have gone back to the financial institution's control bring forth special appraisal challenges.
For a home in foreclosure, you might need to recognize the difference between the fair market and "quick disposition" to know your possible charge-off liability. Mountain High Appraisals, LLC has the training in both presenting snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time constraints.
Mountain High Appraisals, LLC has the training to deal with the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Mountain High Appraisals, LLC.
Owners of homes in foreclosure, of course, can present particular challenges. They might be uncooperative to allowing an inspection of the property. If they moved out of the home already, they may have neglected care of the house for quite awhile - or worse, damaged the property.
If your home has changed to Real Estate Owned, you will interested in an expeditious disposition. But you might want to know and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work performed, with the work necessary to make the home marketable at full market value commensurate with the other houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly to someone who'd rather finish the job themselves. Again, we understand your timeline and the specific circumstances of an REO property, in addition to the specific information you will need -- competing listings, neighborhood trends, and so forth. You can count on Mountain High Appraisals, LLC to take on the task of your bank owned property with expertise and professionalism. Contact us today.