Real Estate Owned and Foreclosure Appraisal in Alachua CountyHouses that have reverted to the bank's ownership and properties in foreclosure present particular appraisal difficulties.For a house in foreclosure, you should recognize the gap between market value and a "quick disposition" price to know your potential charge-off liability. Alliance Appraising LLC has the background in both presenting snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into consideration your urgency.
Occupants of dwellings in foreclosure might be disinclined to allow an inspection of the property, thus presenting particular challenges. They could have moved out of the property already and/or overlooked the care of the house for some time - or even worse, intentionally harmed the home.
For real estate that has already gone back to Real Estate Owned, you likewise will be interested in a speedy resolution. In any case, you'll still want to consider three ways of figuring the value of the subject property: |