Foreclosure Appraisal in Osceola CountyProperties in foreclosure and houses that have gone back to the bank's holding present special appraisal difficulties.It's important to know the meanings of "market value" and a "quick disposition" assessment to evaluate your likely charge-off liability when dealing with a property in foreclosure. At Main Street Appraisal Service, we have the training in both producing snapshots of market value for our mortgage clients, as well as "quick sale" forecasts that consider your pressing needs.
Owners of houses in foreclosure could be disinclined to allow an inspection of the property, thus presenting specific challenges. Sometimes the subjects have been intentionally damaged, unfortunately by the residents themselves. Or, it's likely you'll discover a house at a minimum abandoned or the home languishing in disrepair for extended periods of time.
You will be interested in a quick disposition if the property has returned to bank owned. So you may want to know about and analyze three values: "as-is", "as repaired", and "quick sale". These correspond to: |