Jamie Moore is experienced when it comes to bank owned properties in KentProperties that have gone back to the financial institution's holding and homes in foreclosure bring forth special appraisal challenges. It's important to know the difference between fair market price and "quick disposition" price to analyze your probable write-down liability when dealing with a house in foreclosure. Jamie Moore has the training in both providing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time constraints. The professionals at Jamie Moore have the training to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Jamie Moore. Owners of property in foreclosure, of course, can present particular challenges. They may be opposed to allowing an inspection of the house. If they abandoned the home already, they could have neglected care of the home for quite some time - or worse, ransacked the property. For a property that has already gone back to Real Estate Owned, you most likely will want to get rid of it quickly . However, you might want to know and examine three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work performed, with the work required to make the house marketable at full market value corresponding with the other homes in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the special situation of an REO home, in addition to the specific data you will need -- competing listings, market trends, and the like. You can bank on Jamie Moore to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today. |