Foreclosure Appraisal in Monmouth CountyThere are various appraisal problems regarding a house in foreclosure or one that has reverted to the bank's holding. When dealing with a home in foreclosure, you should recognize the difference between fair market worth and "quick disposition" worth to analyze your possible charge-off liability. JWD Appraisal service LLC. has the training in both providing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line. JWD Appraisal service LLC. has the training to handle the unique dynamics of a foreclosure appraisal. Contact JWD Appraisal service LLC. for a company you can trust. Owners of property in foreclosure, of course, can present unique challenges. They may be unwilling to allow an inspection of the property. They may have abandoned the property already and/or ignored the care of the property for quite some time - or even worse, vandalized the property. For real estate that has returned to bank owned, you typically will want to get rid of it quickly . But you may want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the value of the home without any work performed, with the repairs due to make the home marketable at full market value consistent with competing houses in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the specific situation of a bank owned home, as well as the unique information you will need -- competing listings, neighborhood trends, and the like. You can count on JWD Appraisal service LLC. to handle the appraisal of your REO with expertise and professionalism. Contact us today. |