![]() REO and Foreclosure Appraisals in Brevard CountyReal Estate in foreclosure and houses that have gone back to the lender's holding create particular appraisal difficulties. When there is a property in foreclosure, you need to know the difference between fair market value and "quick disposition" value to know your likely charge-off liability. The professionals at Violet Valuations can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into account your time constraints. The professionals at Violet Valuations have the training to handle the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Violet Valuations. Occupants of homes in foreclosure might be unwilling to allow an inspection of the house, thus presenting special challenges. Often the subjects have been vandalized, unfortunately by the residents themselves. Or, it's common to discover nobody has occupied the house for months or the home languishing in disrepair for long of time. If your house has already reverted to Real Estate Owned, you will interested in a speedy disposition. But you may want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the work required to make the property marketable at full market value commensurate with competing houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your urgency and the unique circumstances of a Real Estate Owned home, in addition to the special data you will need -- competing listings, neighborhood trends, and the like. You can count on Violet Valuations to handle the appraisal of your bank owned property professionally and efficiently. Contact us today. |