Point Appraisal Company is experienced when you need appraisals for foreclosures in Point PleasantThere are unique appraisal problems when we're talking about a house in foreclosure or one that has reverted to the financial institution's ownership. When there is a property in foreclosure, it's important to recognize the difference between fair market worth and "quick disposition" price to know your possible charge-off liability. At Point Appraisal Company, we have the training in both producing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints. The professionals at Point Appraisal Company have the experience to handle the unique dynamics of a foreclosure appraisal. Contact Point Appraisal Company for a company you can trust. Particular challenges might be present when dealing with owners of houses in foreclosure. They may be opposed to allowing an inspection of the home. If they left the home already, they might have ignored the care of the home for awhile - or even worse, caused damage to the property. You will be interested in a speedy disposition if the house has returned to REO. So you may want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work performed, with the work due to make the property marketable at full market value appropriate with similar properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the unique situation of an REO house, as well as the specific information you'll need -- competing listings, neighborhood trends, and so forth. You can rely on Point Appraisal Company to handle the task of your REO with expertise and professionalism. Contact us today. |