Clear Creek Appraisal is a company you can trust when it comes to bank owned properties in Scotts BluffReal Estate in foreclosure and properties that have reverted to the bank's holding present particular appraisal challenges. You need to understand the difference between fair market worth and "quick disposition" worth to evaluate your potential write-down liability when dealing with a home in foreclosure. We can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into account your urgency. We have the expertise to handle the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Clear Creek Appraisal. Owners of properties in foreclosure, of course, can present specific challenges. They could be uncooperative to allowing an inspection of the house. Sometimes the properties show signs of vandalism, unfortunately by the residents themselves. Or, it's common to discover nobody has occupied the house for months or the home neglected for extended periods of time. If your property has returned to REO, you will interested in a fast disposition. However, you might want to understand and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work done to it, with the repairs necessary to make the home marketable at full market value commensurate with similar properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your urgency and the unique circumstances of a Real Estate Owned property, as well as the unique information you will need -- competing listings, neighborhood trends, and so forth. You can rely on Clear Creek Appraisal to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |