Harris Appraisals LLC is experienced when it comes to foreclosures in Alexander CityThere are various appraisal challenges for a property in foreclosure or one that has gone back to the lender's ownership. For a house in foreclosure, you might need to recognize the gap between fair market and "quick disposition" to know your potential charge-off liability. At Harris Appraisals LLC, we have the background in both providing snapshots of fair market value for our mortgage clients, as well as "quick sale" forecasts that understand your urgency. The professionals at Harris Appraisals LLC have the training to handle the specific dynamics of a foreclosure appraisal. Contact Harris Appraisals LLC for a company you can trust. Owners of properties in foreclosure, of course, can present particular challenges. They may be uncooperative to allowing an inspection of the house. They might have abandoned the home already and/or ignored the care of the home for quite some time - or worse, caused damage to the home. If your house has reverted to Real Estate Owned, you will interested in an expeditious disposition. However, you might want to know and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs performed, with the work called for to make the home marketable at full market value comparable with the other properties in the area, and, somewhere in the middle, with minimal 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 situation of a Real Estate Owned property, as well as the special data you will need -- competing listings, neighborhood trends, and the like. You can rely on Harris Appraisals LLC to take on the task of your REO professionally and efficiently. Contact us today. |