Foreclosure Appraisals in Saint Charles CountyHouses in foreclosure and properties that have reverted to the bank's ownership present specific appraisal challenges.When dealing with a house in foreclosure, you should understand market value versus a "quick disposition" price to analyze your probable charge-off liability. We can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your pressing needs.
Occupants of property in foreclosure could be unwilling to allow an inspection of the property, thus presenting particular challenges. If they moved out of the property already, they might have not taken care of the home for quite some time - or worse, ransacked the house.
For a home that has returned to REO, you probably will be going for an expeditious resolution. However, you might want to understand and review three values - "as-is", "as repaired", and "quick sale". These symbolize: |