Valiant Appraisal Services is experienced when you need appraisals for bank owned properties
Houses that have gone back to the institution's control and houses in foreclosure present special appraisal difficulties.
For a property in foreclosure, you might need to recognize the gap between the fair market and "quick disposition" to know your possible charge-off liability. Valiant Appraisal Services has the experience in both supplying snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your timeline.
You need a company who has the experience to work with the particular dynamics of a foreclosure appraisal. Contact Valiant Appraisal Services for a company you can rely on.
Occupants of properties in foreclosure might be disinclined to allow an inspection of the property, thus presenting unique challenges. They may have left the home already and/or overlooked the care of the property for a long time - or gone as far as caused damage to the home.
For real estate that has already reverted to Real Estate Owned, you likewise will be going for a fast disposition . But you might want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs done to it, with the work due to make the home marketable at full market value comparable with competing properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your time line and the special circumstances of a bank owned home, in addition to the specific data you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Valiant Appraisal Services to take on the appraisal of your REO with expertise and professionalism. Contact us today.