Tri-County Appraisals is experienced when you need appraisals for foreclosures in Larimer
Homes in foreclosure and properties that have gone back to the institution's holding present unique appraisal difficulties.
It's important to understand the difference between fair market value and "quick disposition" price to analyze what losses you could have to endure when dealing with a home in foreclosure. Tri-County Appraisals has the training in both producing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your time constraints.
The professionals at Tri-County Appraisals have the expertise to deal with the special dynamics of a foreclosure appraisal. Contact Tri-County Appraisals for a company you can rely on.
Owners of houses in foreclosure may be disinclined to allow an inspection of the house, thus presenting particular challenges. They may have left the home already and/or overlooked the care of the house for quite awhile - or even worse, ransacked the property.
For a property that has already gone back to bank owned, you probably will want to get rid of it quickly . However, you may want to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any repairs done to it, with the repairs required to make the house marketable at full market value comparable with similar real estate in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your timeline and the specific circumstances of an REO property, as well as the unique information you'll need -- competing listings, neighborhood trends, and the like. You can bank on Tri-County Appraisals to handle the task of your REO with expertise and professionalism. Contact us today.