Foreclosure Appraisal in Providence CountyReal Estate in foreclosure and houses that have gone back to the lender's control present special appraisal difficulties. For a house in foreclosure, you might need to recognize the difference between fair market value and "quick disposition" worth to know your likely charge-off liability. AMC Appraisal Co., Inc has the knowledge in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time constraints. AMC Appraisal Co., Inc has the qualifications to handle the unique dynamics of a foreclosure appraisal. Contact AMC Appraisal Co., Inc for a company you can trust. Owners of houses in foreclosure, of course, can present unique challenges. They might be opposed to allowing an inspection of the property. They could have deserted the house already and/or neglected care of the house for quite awhile - or worse, ransacked the home. For real estate that has changed to REO, you typically will want to get rid of it quickly . However, you may want to know and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any work done to it, with the repairs needed to make the home marketable at full market value consistent with competing homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the special situation of a bank owned house, as well as the special data you'll need -- competing listings, market trends, and the like. You can bank on AMC Appraisal Co., Inc to handle the task of your bank owned property professionally and efficiently. Contact us today. |