REO Appraisal in Bucks County
Real Estate in foreclosure and houses that have returned to the lender's holding bring forth specific appraisal challenges.
For a property in foreclosure, you may need to know the gap between the fair market value and "quick disposition" value to know your likely charge-off liability. Delaney Valuations LLC has the training in both supplying snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your time constraints.
Delaney Valuations LLC has the experience to handle the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Delaney Valuations LLC.
Owners of houses in foreclosure, of course, can present particular challenges. They could be unwilling to allow an inspection of the house. They may have moved out of the home already and/or ignored the care of the property for quite awhile - or unfortunately, ransacked the property.
For real estate that has gone back to Real Estate Owned, you most likely will be seeking an expedited resolution . But you may want to know about and review three values: as-is, as repaired, and "quick sale." These represent the value of the house without any repairs done to it, with the repairs due to make the home marketable at full market value comparable with similar real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the unique situation of an REO house, in addition to the specific information you'll need -- competing listings, market trends, and so forth. You can bank on Delaney Valuations LLC to handle the appraisal of your REO professionally and efficiently. Contact us today.