Real Estate Owned and Foreclosure Appraisal in Virginia Beach City CountyProperties that have gone back to the bank's holding and homes in foreclosure bring forth specific appraisal difficulties. When there is a house in foreclosure, it's important to ascertain the difference between fair market value and "quick disposition" value to know your likely charge-off liability. At John A Dunlap & Associates, LLC., we have the training in both furnishing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time constraints. The professionals at John A Dunlap & Associates, LLC. have the qualifications to handle the special dynamics of a foreclosure appraisal. For a company you can count on, contact John A Dunlap & Associates, LLC.. Occupants of dwellings in foreclosure might be opposed to allowing an inspection of the property, thus presenting unique challenges. They could have moved out of the house already and/or overlooked the care of the home for some time - or gone as far as damaged the property. For a home that has already changed to REO, you likewise will be interested in a quick resolution . However, you might want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any work performed, with the work required to make the home marketable at full market value comparable with the other homes in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the specific situation of an REO property, as well as the special information you'll need -- competing listings, neighborhood trends, and so forth. You can count on John A Dunlap & Associates, LLC. to take on the appraisal of your REO professionally and efficiently. Contact us today. |