Real Estate Owned Appraisals in Fairfax CountyProperties that have reverted to the bank's ownership and houses in foreclosure create unique appraisal difficulties. It's key to know the difference between fair market price and "quick disposition" worth to evaluate your likely charge-off liability when dealing with a house in foreclosure. At Certified Commonwealth Appraisals, LLC, we have the experience in both furnishing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time constraints. We have the experience to deal with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Certified Commonwealth Appraisals, LLC. Owners of houses in foreclosure could be opposed to allowing an inspection of the house, thus presenting special challenges. They could have deserted the house already and/or ignored the care of the home for quite some time - or in some cases vandalized the property. If your house has changed to Real Estate Owned, you will interested in a quick disposition. However, you might want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the repairs needed to make the house marketable at full market value commensurate with competing real estate in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your timeline and the special circumstances of a bank owned property, in addition to the specific information you will need -- competing listings, neighborhood trends, and so forth. You can rely on Certified Commonwealth Appraisals, LLC to handle the appraisal of your REO professionally and efficiently. Contact us today. |