Anderson & Associates is a company you can trust when it comes to bank owned properties in Ridgefield
Houses that have returned to the bank's control and properties in foreclosure create unique appraisal difficulties.
For a home in foreclosure, you may need to know the gap between fair market and "quick disposition" value to know your potential charge-off liability. The professionals at Anderson & Associates can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time constraints.
Anderson & Associates has the qualifications to work with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Anderson & Associates.
Specific challenges may be present when dealing with owners of property in foreclosure. They may be opposed to allowing an inspection of the home. They may have deserted the home already and/or ignored the care of the home for awhile - or even worse, ransacked the house.
You will be interested in an expeditious disposition if the property has gone back to bank owned. So you might want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any work done to it, with the repairs necessary to make the property marketable at full market value appropriate with similar houses in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your urgency and the special situation of a Real Estate Owned house, as well as the special information you'll need -- competing listings, market trends, and the like. You can rely on Anderson & Associates to take on the task of your REO professionally and efficiently. Contact us today.