Utah Real Estate Appraisals is experienced when you need appraisals for foreclosures in HerrimanThere are unique appraisal challenges for a house in foreclosure or one that has reverted to the financial institution's control. When there is a house in foreclosure, you need to know the difference between fair market worth and "quick disposition" price to evaluate your likely charge-off liability. Utah Real Estate Appraisals has the training in both producing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your urgency. The professionals at Utah Real Estate Appraisals have the training to work with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Utah Real Estate Appraisals. Owners of properties in foreclosure, of course, can present special challenges. They might be unwilling to allow an inspection of the home. Often the houses have been vandalized, often 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. For real estate that has returned to REO, you probably will be interested in an expedited resolution . However, you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any repairs performed, with the repairs called for to make the home marketable at full market value consistent with similar properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your timeline and the specific circumstances of a Real Estate Owned home, as well as the unique data you'll need -- competing listings, market trends, and so forth. You can bank on Utah Real Estate Appraisals to take on the task of your REO professionally and efficiently. Contact us today. |