Peak Appraising is a company you can trust when you need appraisals for foreclosures in ApexHomes in foreclosure and houses that have gone back to the bank's possession present unique appraisal difficulties. When dealing with a home in foreclosure, you should recognize the difference between fair market value and "quick disposition" worth to know your likely charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into account your timeline. The professionals at Peak Appraising have the experience to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Peak Appraising. Owners of houses in foreclosure, of course, can present specific challenges. They might be uncooperative to allowing an inspection of the house. Sometimes the properties have been vandalized, often by the former residents themselves. Or, it's common to discover a house at least abandoned or the home languishing in disrepair for extended periods of time. If your property has already returned to bank owned, you will interested in a fast disposition. However, you may want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work performed, with the work required to make the home marketable at full market value corresponding with similar houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your timeline and the unique circumstances of a Real Estate Owned house, as well as the special data you'll need -- competing listings, neighborhood trends, and the like. You can count on Peak Appraising to take on the task of your bank owned property professionally and efficiently. Contact us today. |