Smith Appraisal Services is a company you can trust when you need appraisals for bank owned properties in DaneThere are specific appraisal difficulties involved in a home in foreclosure or one that has gone back to the bank's control. It's key to ascertain the difference between fair market worth and "quick disposition" value to analyze what losses you might sustain when dealing with a home in foreclosure. At Smith Appraisal Services, we have the knowledge in both furnishing snapshots of fair market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your time line. The professionals at Smith Appraisal Services have the expertise to deal with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Smith Appraisal Services. Owners of property in foreclosure, of course, can present special challenges. They could be opposed to allowing an inspection of the house. Often the houses show signs of vandalism, unfortunately at the hands of the former residents. Or, it's likely you'll discover nobody has lived in house for months or the home languishing in disrepair for extended periods of time. If your property has already reverted to bank owned, you will interested in an expedited disposition. But you may want to know and review three values: as-is, as repaired, and "quick sale." These represent the value of the home without any work done to it, with the repairs due to make the property marketable at full market value commensurate with similar homes in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the special situation of a Real Estate Owned property, in addition to the special data you will need -- competing listings, market trends, and the like. You can rely on Smith Appraisal Services to handle the task of your bank owned property with expertise and professionalism. Contact us today. |