REO Appraisals in Greenville CountyHouses that have gone back to the financial institution's ownership and homes in foreclosure present unique appraisal challenges. For a property in foreclosure, you might need to recognize the gap between the fair market value and "quick disposition" to know your likely charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into account your urgency. You need a company who has the experience to deal with the unique dynamics of a foreclosure appraisal. Contact Rush Hour Appraisals for a company you can count on. Unique challenges might be present when dealing with owners of homes in foreclosure. They could be disinclined to allow an inspection of the property. They might have abandoned the house already and/or neglected care of the property for awhile - or in some cases ransacked the house. If your house has changed to REO, you will interested in an expeditious disposition. But you may want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any repairs done to it, with the repairs called for to make the house marketable at full market value corresponding with competing houses in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the specific situation of a Real Estate Owned house, as well as the unique information you will need -- competing listings, market trends, and so forth. You can bank on Rush Hour Appraisals to handle the task of your REO with expertise and professionalism. Contact us today. |