Salt Lake Appraising Company is experienced when you need appraisals for foreclosures in Salt LakeHomes in foreclosure and homes that have gone back to the institution's control bring forth specific appraisal problems. When there is a home in foreclosure, you should understand the difference between fair market value and "quick disposition" value to analyze your probable charge-off liability. At Salt Lake Appraising Company, we have the experience in both supplying snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time constraints. You need a company who has the experience to work with the special dynamics of a foreclosure appraisal. Contact Salt Lake Appraising Company for a company you can trust. Owners of properties in foreclosure, of course, can present specific challenges. They could be uncooperative to allowing an inspection of the property. They may have moved out of the property already and/or ignored the care of the house for awhile - or gone as far as damaged the home. If your home has already reverted to Real Estate Owned, you will interested in a speedy disposition. However, you might want to know and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the home without any repairs done to it, with the repairs needed to make the property marketable at full market value comparable with similar houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the specific circumstances of a Real Estate Owned home, in addition to the specific information you will need -- competing listings, neighborhood trends, and the like. You can rely on Salt Lake Appraising Company to take on the task of your REO with expertise and professionalism. Contact us today. |