Appraisal Concepts Team is a company you can trust when you need appraisals for bank owned properties in PortlandThere are unique appraisal problems for a home in foreclosure or one that has gone back to the lender's possession. For a house in foreclosure, you may need to know the gap between fair market and "quick disposition" worth to know your probable charge-off liability. At Appraisal Concepts Team, we have the background in both producing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time constraints. You need a company with the qualifications to work with the unique dynamics of a foreclosure appraisal. Contact Appraisal Concepts Team for a company you can trust. Unique challenges can be present when dealing with owners of homes in foreclosure. They might be unwilling to allow an inspection of the house. Often the subjects have been vandalized, often by the residents themselves. Or, it's common to discover a house at a minimum abandoned or the home languishing in disrepair for long of time. For real estate that has already reverted to Real Estate Owned, you most likely will be going for a quick resolution . But you might want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs done to it, with the repairs needed to make the property marketable at full market value corresponding with similar properties 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 time line and the unique circumstances of a bank owned property, as well as the specific information you'll need -- competing listings, neighborhood trends, and the like. You can count on Appraisal Concepts Team to handle the task of your bank owned property with expertise and professionalism. Contact us today. |