Erbes Appraisals, Inc. is a company you can trust when you need appraisals for bank owned properties in NiagaraThere are various appraisal challenges when it comes to a house in foreclosure or one that has gone back to the lender's holding. You need to differentiate the difference between fair market worth and "quick disposition" value to analyze your probable charge-off liability when dealing with a home in foreclosure. Erbes Appraisals, Inc. has the background in both providing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency. Erbes Appraisals, Inc. has the expertise to handle the special dynamics of a foreclosure appraisal. Contact Erbes Appraisals, Inc. for a company you can rely on. Owners of homes in foreclosure could be unwilling to allow an inspection of the property, thus presenting special challenges. If they have abandoned the house already, they might have overlooked the care of the property for quite awhile - or unfortunately, damaged the home. If your home has returned to bank owned, you will interested in a speedy disposition. However, you might want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs done to it, with the repairs necessary to make the house marketable at full market value commensurate with competing real estate in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the special situation of a bank owned house, in addition to the unique data you'll need -- competing listings, neighborhood trends, and the like. You can rely on Erbes Appraisals, Inc. to handle the appraisal of your REO with expertise and professionalism. Contact us today. |