Real Property Metrics is a company you can trust when it comes to bank owned properties in Lake Worth
Properties in foreclosure and houses that have returned to the institution's control present specific appraisal difficulties.
When dealing with a property in foreclosure, it's important to know the difference between fair market value and "quick disposition" price to know your probable charge-off liability. Real Property Metrics has the knowledge in both furnishing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your urgency.
The professionals at Real Property Metrics have the qualifications to handle the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Real Property Metrics.
Owners of in foreclosure may be opposed to allowing an inspection of the home, thus presenting particular challenges. They could have moved out of the property already and/or overlooked the care of the house for quite some time - or unfortunately, ransacked the property.
If your house has already gone back to Real Estate Owned, you will interested in an expeditious disposition. But you might want to understand and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work performed, with the repairs due to make the property marketable at full market value commensurate with competing homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your urgency and the specific circumstances of a Real Estate Owned home, as well as the special data you'll need -- competing listings, market trends, and the like. You can rely on Real Property Metrics to handle the task of your bank owned property professionally and efficiently. Contact us today.