Real Property Metrics is a company you can trust when it comes to bank owned properties in Palm Beach
There are various appraisal problems involved in a property in foreclosure or one that has gone back to the lender's control.
When there is a home in foreclosure, it's important to understand the difference between fair market value and "quick disposition" price to know your potential charge-off liability. Real Property Metrics has the knowledge in both producing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time line.
Real Property Metrics has the experience to work with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Real Property Metrics.
Owners of in foreclosure may be opposed to allowing an inspection of the home, thus presenting special challenges. They may have deserted the home already and/or ignored the care of the house for quite some time - or worse, ransacked the property.
For real estate that has reverted to bank owned, you probably will be interested in a fast disposition . But you may want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any repairs performed, with the repairs called for to make the home marketable at full market value comparable with competing real estate in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the unique circumstances of a Real Estate Owned home, as well as the specific data you will need -- competing listings, market trends, and so forth. You can count on Real Property Metrics to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.