Rose City Appraisal is a company you can trust when it comes to foreclosures in SmithReal Estate in foreclosure and homes that have reverted to the institution's possession present special appraisal difficulties. When dealing with a house in foreclosure, you need to know the difference between fair market value and "quick disposition" worth to analyze your likely charge-off liability. The professionals at Rose City Appraisal can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your timeline. Rose City Appraisal has the training to handle the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Rose City Appraisal. Owners of homes in foreclosure, of course, can present unique challenges. They might be opposed to allowing an inspection of the house. They might have moved out of the home already and/or ignored the care of the house for awhile - or worse, vandalized the home. You will be interested in a fast disposition if the property has reverted to REO. So you need to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs performed, with the work necessary to make the property marketable at full market value consistent with the other houses in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the unique situation of an REO home, in addition to the special information you will need -- competing listings, market trends, and so forth. You can bank on Rose City Appraisal to handle the task of your REO with expertise and professionalism. Contact us today. |