Mike Noble Appraisals is a company you can trust when it comes to bank owned properties in ElmoreProperties in foreclosure and homes that have reverted to the bank's control present specific appraisal problems. For a house in foreclosure, you need to know the difference between fair market price and "quick disposition" value to know your likely charge-off liability. Mike Noble Appraisals has the training in both presenting snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your time line. You need a company who has the qualifications to work with the specific dynamics of a foreclosure appraisal. Contact Mike Noble Appraisals for a company you can rely on. Owners of properties in foreclosure may be unwilling to allow an inspection of the house, thus presenting unique challenges. Sometimes the houses have been vandalized, unfortunately by the former residents. Or, it's likely you'll find nobody has lived in house for months or the home neglected for long of time. If your property has already reverted to REO, you will interested in an expedited disposition. But you may want to know and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs done to it, with the work required to make the property marketable at full market value appropriate with competing houses in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your urgency and the special situation of a bank owned house, in addition to the special data you'll need -- competing listings, market trends, and so forth. You can bank on Mike Noble Appraisals to handle the task of your REO professionally and efficiently. Contact us today. |