Real Estate Owned Appraisals in Morrison CountyProperties in foreclosure and houses that have reverted to the bank's control present specific appraisal problems. It's vital to know the difference between fair market worth and "quick disposition" worth to know what losses you could have to endure when dealing with a home in foreclosure. The professionals at Nuehring Appraisal Service can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your timeline. The professionals at Nuehring Appraisal Service have the qualifications to deal with the unique dynamics of a foreclosure appraisal. Contact Nuehring Appraisal Service for a company you can rely on. Owners of homes in foreclosure might be uncooperative to allowing an inspection of the home, thus presenting special challenges. Often the homes have been intentionally damaged, unfortunately by the former 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. If your home has already reverted to Real Estate Owned, you will interested in an expeditious disposition. However, you might want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work performed, with the repairs required to make the house marketable at full market value comparable with the other real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the unique circumstances of a Real Estate Owned house, as well as the special data you will need -- competing listings, market trends, and the like. You can count on Nuehring Appraisal Service to take on the task of your REO professionally and efficiently. Contact us today. |