Foreclosure and REO Appraisal in Southeast LouisianaThere are unique appraisal problems for a property in foreclosure or one that has reverted to the institution's control. For a home in foreclosure, you may need to understand the gap between fair market worth and "quick disposition" price to know your potential charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your time constraints. Crescent Appraisal Group, Inc. has the expertise to work with the special dynamics of a foreclosure appraisal. Contact Crescent Appraisal Group, Inc. for a company you can rely on. Unique challenges can be present when dealing with owners of houses in foreclosure. They may be opposed to allowing an inspection of the house. If they abandoned the house already, they may have overlooked the care of the home for a long time - or worse, damaged the property. If your home has already gone back to Real Estate Owned, you will interested in a quick disposition. However, you might want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs done to it, with the work required to make the property marketable at full market value appropriate with the other homes in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the unique circumstances of a Real Estate Owned property, as well as the specific data you'll need -- competing listings, neighborhood trends, and the like. You can bank on Crescent Appraisal Group, Inc. to handle the task of your REO professionally and efficiently. Contact us today. |