LandMark Valuation is a company you can trust when you need appraisals for foreclosures in ManitowocThere are unique appraisal challenges regarding a house in foreclosure or one that has gone back to the lender's holding. For a property in foreclosure, you need to recognize the gap between the fair market value and "quick disposition" price to know your probable charge-off liability. At LandMark Valuation, we have the experience in both supplying snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your urgency. We have the training to work with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact LandMark Valuation. Particular challenges can be present when dealing with owners of properties in foreclosure. They may be disinclined to allow an inspection of the property. Often the subjects show signs of vandalism, unfortunately by the residents themselves. Or, it's common to discover the residents have moved out or the home languishing in disrepair for extended periods of time. You'll be interested in a quick disposition if the house has gone back to REO. So you need to know about and compare three values: as-is, as repaired, and "quick sale." These represent the value of the home without any repairs performed, with the repairs necessary to make the property marketable at full market value corresponding with the other properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the specific circumstances of an REO property, as well as the specific information you will need -- competing listings, market trends, and the like. You can count on LandMark Valuation to handle the task of your REO professionally and efficiently. Contact us today. |