Region Appraisals & Consultants, LLC is experienced when you need appraisals for bank owned properties in MiamiProperties in foreclosure and properties that have gone back to the lender's ownership create special appraisal difficulties. For a home in foreclosure, you may need to recognize the gap between the fair market price and "quick disposition" price to know your probable charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into account your timeline. We have the qualifications to handle the specific dynamics of a foreclosure appraisal. Contact Region Appraisals & Consultants, LLC for a company you can count on. Owners of properties in foreclosure might be unwilling to allow an inspection of the property, thus presenting special challenges. Sometimes the subjects show signs of vandalism, often at the hands of the former residents. Or, it's likely you'll discover the families have moved out or the home languishing in disrepair for long of time. You will be interested in a fast disposition if the property has already changed to bank owned. So you need to know about and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs done to it, with the work required to make the property marketable at full market value comparable with competing properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique situation of a bank owned home, in addition to the special data you'll need -- competing listings, market trends, and the like. You can bank on Region Appraisals & Consultants, LLC to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |