Real Estate Owned and Foreclosure Appraisals in Matanuska Susitna County
Homes in foreclosure and homes that have returned to the institution's possession present specific appraisal difficulties.
You need to recognize the difference between fair market worth and "quick disposition" value to analyze what losses you stand to sustain when dealing with a property in foreclosure. Alaska Real Estate Appraisal has the background in both presenting snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time line.
Alaska Real Estate Appraisal has the expertise to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Alaska Real Estate Appraisal.
Unique challenges might be present when dealing with owners of houses in foreclosure. They might be uncooperative to allowing an inspection of the property. They may have left the home already and/or ignored the care of the home for a long time - or unfortunately, caused damage to the property.
You will be interested in a speedy disposition if the house has already changed to Real Estate Owned. So you may want to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs performed, with the work needed to make the house marketable at full market value commensurate with competing properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your urgency and the unique circumstances of a Real Estate Owned home, in addition to the specific information you will need -- competing listings, neighborhood trends, and so forth. You can bank on Alaska Real Estate Appraisal to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.