Greater Orlando Appraisal Assoc., Inc. is experienced when you need appraisals for bank owned properties in OrangeReal Estate in foreclosure and houses that have returned to the bank's possession present special appraisal challenges. For a home in foreclosure, you need to recognize the gap between the fair market price and "quick disposition" value to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time constraints. The professionals at Greater Orlando Appraisal Assoc., Inc. have the expertise to work with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Greater Orlando Appraisal Assoc., Inc.. Specific challenges may be present when working with owners of property in foreclosure. They may be disinclined to allow an inspection of the house. Sometimes the properties have been intentionally damaged, often at the hands of the former residents themselves. Or, it's common to discover a house at least abandoned or the home neglected for long of time. If your home has already changed to REO, you will interested in a fast disposition. But you may want to know about 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 property marketable at full market value comparable with similar properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your timeline and the special circumstances of an REO property, in addition to the unique data you will need -- competing listings, neighborhood trends, and so forth. You can bank on Greater Orlando Appraisal Assoc., Inc. to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |