Real Estate Owned and Foreclosure Appraisals in Duval CountyHomes in foreclosure and houses that have reverted to the institution's control present particular appraisal difficulties.When there is a home in foreclosure, you should ascertain market value versus a "quick disposition" price to know your possible charge-off liability. At Value Appraisals, Inc., we have the knowledge in both furnishing snapshots of market value for our mortgage clients, in addition to "quick sale" forecasts that understand your urgency.
Unique challenges may be present when dealing with owners of properties in foreclosure. They could be uncooperative to allowing an inspection of the home. If they deserted the home already, they might have overlooked the care of the property for some time - or worse, caused damage to the home.
If you're dealing with property that has reverted to bank owned, you will interested in an expedited disposition. However, you might want to know about and review three values: as-is, as repaired, and "quick sale". These symbolize: |