Graham Appraisal is experienced when it comes to bank owned properties in Barren
Houses in foreclosure and properties that have reverted to the lender's possession present particular appraisal challenges.
When dealing with a home in foreclosure, it's important to differentiate the difference between fair market price and "quick disposition" worth to know your likely charge-off liability. The professionals at Graham Appraisal can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your time constraints.
The professionals at Graham Appraisal have the experience to deal with the specific dynamics of a foreclosure appraisal. Contact Graham Appraisal for a company you can trust.
Owners of in foreclosure could be uncooperative to allowing an inspection of the house, thus presenting special challenges. If they left the home already, they might have overlooked the care of the property for awhile - or even worse, damaged the property.
For real estate that has changed to Real Estate Owned, you probably will want it off your hands as quickly as possible . But you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs done to it, with the repairs needed to make the home marketable at full market value corresponding with similar homes in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique circumstances of a Real Estate Owned home, in addition to the specific information you will need -- competing listings, market trends, and so forth. You can rely on Graham Appraisal to handle the task of your REO professionally and efficiently. Contact us today.