Tegtmeier Appraisal Services, Inc. is experienced when you need appraisals for foreclosures in WarrenThere are various appraisal difficulties when we're talking about a property in foreclosure or one that has returned to the institution's holding. For a property in foreclosure, you should know the difference between the fair market and "quick disposition" value to know your possible charge-off liability. Tegtmeier Appraisal Services, Inc. has the background in both supplying snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your timeline. We have the expertise to work with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Tegtmeier Appraisal Services, Inc.. Occupants of homes in foreclosure could be disinclined to allow an inspection of the home, thus presenting unique challenges. They might have deserted the home already and/or neglected care of the property for a long time - or gone as far as damaged the home. If your property has already returned to Real Estate Owned, you will interested in a fast disposition. However, you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work done to it, with the repairs required to make the house marketable at full market value corresponding with similar houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your time line and the special circumstances of an REO home, as well as the unique data you'll need -- competing listings, neighborhood trends, and so forth. You can count on Tegtmeier Appraisal Services, Inc. to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |