REO Appraisal in Manistee CountyThere are various appraisal difficulties regarding a house in foreclosure or one that has reverted to the bank's ownership. You need to ascertain the difference between fair market worth and "quick disposition" price to know what losses you stand to sustain when dealing with a home in foreclosure. We can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time line. West Michigan Appraisal has the qualifications to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact West Michigan Appraisal. Owners of houses in foreclosure, of course, can present specific challenges. They could be unwilling to allow an inspection of the home. They may have left the property already and/or ignored the care of the house for quite some time - or unfortunately, damaged the property. If your property has gone back to bank owned, you will interested in a fast disposition. However, you may want to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any repairs done to it, with the repairs due to make the house marketable at full market value consistent with the other real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the unique situation of an REO house, as well as the specific data you'll need -- competing listings, neighborhood trends, and so forth. You can count on West Michigan Appraisal to take on the task of your REO professionally and efficiently. Contact us today. |