![]() Alliance Appraisal Firm www.allianceappraisalfirm.com is experienced when it comes to bank owned properties in HarrisHomes in foreclosure and houses that have returned to the lender's ownership bring forth various appraisal difficulties. For a house in foreclosure, you may need to recognize the gap between fair market price and "quick disposition" worth to know your probable charge-off liability. Alliance Appraisal Firm www.allianceappraisalfirm.com has the training in both furnishing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line. You need a company with the qualifications to work with the particular dynamics of a foreclosure appraisal. Contact Alliance Appraisal Firm www.allianceappraisalfirm.com for a company you can rely on. Particular challenges may be present when dealing with owners of property in foreclosure. They may be disinclined to allow an inspection of the home. They may have abandoned the property already and/or overlooked the care of the home for quite awhile - or worse, damaged the home. For a home that has already returned to Real Estate Owned, you typically will want it off your hands as quickly as possible . However, you may want to understand and review three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any repairs performed, with the repairs called for to make the house marketable at full market value corresponding with similar houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. 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, market trends, and the like. You can count on Alliance Appraisal Firm www.allianceappraisalfirm.com to handle the appraisal of your REO professionally and efficiently. Contact us today. |