BANDY APPRAISAL is a company you can trust when it comes to bank owned properties in Deer LodgeThere are unique appraisal problems when we're talking about a property in foreclosure or one that has gone back to the bank's control. When there is a property in foreclosure, it's important to ascertain the difference between fair market value and "quick disposition" value to know your potential charge-off liability. At BANDY APPRAISAL, we have the training in both producing snapshots of fair market value for our mortgage clients, as well as "quick sale" forecasts that understand your time constraints. The professionals at BANDY APPRAISAL have the experience to handle the special dynamics of a foreclosure appraisal. Contact BANDY APPRAISAL for a company you can count on. Owners of property in foreclosure may be disinclined to allow an inspection of the house, thus presenting special challenges. Sometimes the subjects show signs of vandalism, often by the former residents. Or, it's common to discover nobody has lived in house for months or the home languishing in disrepair for long of time. You will be interested in a quick disposition if the house has reverted to REO. So you might want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any repairs performed, with the work due to make the house marketable at full market value consistent with the other homes in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your timeline and the special circumstances of a bank owned house, as well as the unique data you'll need -- competing listings, neighborhood trends, and the like. You can bank on BANDY APPRAISAL to take on the task of your REO with expertise and professionalism. Contact us today. |