Foreclosure and Real Estate Owned Appraisals in Kootenai CountyThere are various appraisal problems for a home in foreclosure or one that has gone back to the lender's control. For a property in foreclosure, you need to understand the gap between the fair market and "quick disposition" worth to know your possible charge-off liability. At Associated Appraisers of North Idaho, we have the training in both producing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your urgency. Associated Appraisers of North Idaho has the training to work with the special dynamics of a foreclosure appraisal. Contact Associated Appraisers of North Idaho for a company you can rely on. Owners of homes in foreclosure, of course, can present unique challenges. They may be disinclined to allow an inspection of the home. They could have deserted the home already and/or overlooked the care of the home for awhile - or in some cases ransacked the house. If your property has gone back to bank owned, you will interested in an expedited disposition. However, you might want to understand and review three values: as-is, as repaired, and "quick sale." These represent the value of the home without any repairs done to it, with the work needed to make the home marketable at full market value comparable with similar homes in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the specific situation of a Real Estate Owned house, as well as the special data you will need -- competing listings, neighborhood trends, and the like. You can bank on Associated Appraisers of North Idaho to take on the appraisal of your REO with expertise and professionalism. Contact us today. |