Real Estate Owned Appraisals in Larimer County
Real Estate in foreclosure and houses that have reverted to the institution's holding present various appraisal difficulties.
For a home in foreclosure, you need to recognize the gap between the fair market price and "quick disposition" value to know your probable charge-off liability. Tri-County Appraisals has the experience in both presenting snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your urgency.
You need a company with the qualifications to deal with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Tri-County Appraisals.
Owners of property in foreclosure, of course, can present unique challenges. They may be unwilling to allow an inspection of the house. They may have abandoned the house already and/or overlooked the care of the property for awhile - or worse, damaged the home.
If your property has gone back to REO, you will interested in a quick disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs performed, with the repairs needed to make the house marketable at full market value appropriate with similar properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the special situation of an REO house, as well as the specific data you'll need -- competing listings, neighborhood trends, and so forth. You can count on Tri-County Appraisals to take on the task of your REO with expertise and professionalism. Contact us today.