REO Appraisals in Saint Louis CountyThere are unique appraisal challenges for a property in foreclosure or one that has reverted to the institution's control. For a property in foreclosure, you might need to recognize the difference between fair market worth and "quick disposition" to know your likely charge-off liability. At INTEGRITY APPRAISERS, we have the training in both presenting snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency. INTEGRITY APPRAISERS has the experience to work with the particular dynamics of a foreclosure appraisal. Contact INTEGRITY APPRAISERS for a company you can rely on. Owners of properties in foreclosure, of course, can present unique challenges. They may be uncooperative to allowing an inspection of the home. If they have abandoned the home already, they might have overlooked the care of the house for quite awhile - or unfortunately, ransacked the house. If your home has already reverted to Real Estate Owned, you will interested in a quick disposition. But you might want to understand 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 work due to make the house marketable at full market value commensurate with competing real estate in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your urgency and the specific circumstances of a bank owned house, in addition to the special data you'll need -- competing listings, market trends, and the like. You can count on INTEGRITY APPRAISERS to take on the appraisal of your REO with expertise and professionalism. Contact us today. |