REO Appraisal in Matanuska Susitna County
There are particular appraisal problems involved in a home in foreclosure or one that has returned to the institution's ownership.
For a house in foreclosure, you need to understand the difference between the fair market price and "quick disposition" to know your likely charge-off liability. Alaska Real Estate Appraisal has the training in both furnishing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time line.
The professionals at Alaska Real Estate Appraisal have the qualifications to work with the specific dynamics of a foreclosure appraisal. Contact Alaska Real Estate Appraisal for a company you can trust.
Occupants of dwellings in foreclosure might be unwilling to allow an inspection of the property, thus presenting particular challenges. They may have moved out of the house already and/or ignored the care of the property for quite awhile - or unfortunately, intentionally harmed the property.
You'll be interested in a speedy disposition if the property has already changed to Real Estate Owned. So you may want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs done to it, with the work required to make the home marketable at full market value appropriate with competing houses in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely to someone who'd rather finish the job themselves. Again, we understand your urgency and the specific circumstances of a Real Estate Owned home, as well as the unique data you'll need -- competing listings, market trends, and so forth. You can bank on Alaska Real Estate Appraisal to handle the task of your bank owned property professionally and efficiently. Contact us today.