Young Real Estate Appraisals is a company you can trust when you need appraisals for bank owned properties in RiversideHomes that have returned to the financial institution's ownership and houses in foreclosure create unique appraisal problems. For a home in foreclosure, you may need to know the difference between the fair market and "quick disposition" price to know your probable charge-off liability. The professionals at Young Real Estate Appraisals can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time constraints. You need a company with the experience to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Young Real Estate Appraisals. Owners of dwellings in foreclosure could be disinclined to allow an inspection of the property, thus presenting particular challenges. Often the subjects show signs of vandalism, unfortunately at the hands of the residents. Or, it's common to find a house at least abandoned or the home neglected for long of time. If your house has returned to Real Estate Owned, you will interested in an expeditious disposition. But you might want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any work done to it, with the repairs required to make the property marketable at full market value comparable with competing properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your urgency and the specific situation of a bank owned house, as well as the specific information you will need -- competing listings, neighborhood trends, and so forth. You can bank on Young Real Estate Appraisals to handle the appraisal of your REO with expertise and professionalism. Contact us today. |