Goedker Appraisal Services is a company you can trust when it comes to bank owned properties in BaxterProperties that have returned to the financial institution's holding and properties in foreclosure create special appraisal problems. When dealing with a home in foreclosure, you need to know the difference between fair market value and "quick disposition" worth to analyze your potential charge-off liability. The professionals at Goedker Appraisal Services can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line. Goedker Appraisal Services has the qualifications to handle the particular dynamics of a foreclosure appraisal. Contact Goedker Appraisal Services for a company you can count on. Unique challenges might be present when working with owners of property in foreclosure. They could be uncooperative to allowing an inspection of the home. Sometimes the subjects show signs of vandalism, often by the residents themselves. Or, it's common to discover a house at least abandoned or the home neglected for extended periods of time. For a house that has gone back to REO, you probably will be interested in an expedited resolution . But you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any work performed, with the repairs required to make the house marketable at full market value comparable with the other properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your time line and the unique situation of a bank owned house, in addition to the specific information you will need -- competing listings, market trends, and so forth. You can count on Goedker Appraisal Services to take on the appraisal of your REO with expertise and professionalism. Contact us today. |