Innovative Valuation is a company you can trust when it comes to foreclosures in Discovery BayHomes in foreclosure and houses that have gone back to the institution's possession bring forth special appraisal difficulties. For a home in foreclosure, you may need to recognize the difference between the fair market worth and "quick disposition" to know your probable charge-off liability. Innovative Valuation has the experience in both presenting snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into account your timeline. You need a company with the qualifications to handle the unique dynamics of a foreclosure appraisal. Contact Innovative Valuation for a company you can trust. Owners of homes in foreclosure, of course, can present unique challenges. They might be opposed to allowing an inspection of the house. Sometimes the properties have been intentionally damaged, unfortunately at the hands of the residents themselves. Or, it's likely you'll find the previous owners have moved out or the home languishing in disrepair for extended periods of time. For a property that has already gone back to bank owned, you most likely will want it off your hands as quickly as possible . But you might want to understand and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any work performed, with the repairs called for to make the home marketable at full market value consistent with competing properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly to someone who'd rather finish the job themselves. Again, we understand your timeline and the unique situation of a Real Estate Owned property, as well as the specific data you will need -- competing listings, market trends, and so forth. You can rely on Innovative Valuation to take on the appraisal of your REO with expertise and professionalism. Contact us today. |