Call Main Street Appraisal Service when you need valuations regarding Osceola foreclosures

Foreclosure Appraisal in Osceola County

Properties 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.

We have the expertise to work with the specific dynamics of a foreclosure appraisal. Contact Main Street Appraisal Service for a company you can .

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:

  • The value of the home without any repairs done to it
  • Possible value with the work called for to make the property marketable at full market value - consistent with other real estate in the neighborhood
  • Somewhere in the middle, with minimal investment in repairs - to offload the home quickly, most likely as a "fixer-upper"
Again, we understand your urgency and the special situation of a bank owned property, in addition to the unique data you'll need - competing listings, market trends, and the like. You can count on Main Street Appraisal Service to take on the appraisal of your REO with expertise and professionalism. Contact us today.