Absolute Appraisals Inc. is the company you should trust when you need appraisals for bank owned properties in Greeley, ColoradoHouses that have gone back to the institution's ownership and homes in foreclosure create various appraisal problems.It's important to recognize the meanings of "market value" and a "quick disposition" price to evaluate what losses you could realize when dealing with a house in foreclosure. At Absolute Appraisals Inc., we have the background in both providing snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that factor in your timeline.
Particular challenges can be present when working with owners of houses in foreclosure. They might be unwilling to allow an inspection of the home. They may have moved out of the property already and/or overlooked the care of the home for quite some time - or unfortunately, caused damage to the home.
For a property that has reverted to bank owned, you most likely will be going for an expedited disposition. In any case, you'll still want to consider three ways of determining the value of the asset: |