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Anderson & Associates is the company you should trust when it comes to foreclosures in Clark County
Properties in foreclosure and properties that have returned to the bank's possession bring forth specific appraisal challenges.
When there is a home in foreclosure, you should know market value versus a "quick disposition" assessment to evaluate your potential charge-off liability.
Anderson & Associates has the background in both providing snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time line.
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You need a company who has the qualifications to work with the unique dynamics of a foreclosure appraisal. Contact Anderson & Associates for a company you can . |
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Owners of property in foreclosure may be disinclined to allow an inspection of the house, thus presenting unique challenges.
Often the subjects have been ransacked, unfortunately at the hands of the former residents themselves. Or, it's likely you'll find the residents have moved out or the home languishing in disrepair for long periods of time.
You will be interested in a quick disposition if the home has already changed to bank owned. So you may want to understand and analyze three values: "as-is", "as repaired", and "quick sale". These symbolize: - The value of the house without any work done to it
- Value with the repairs needed to make the house marketable at full market value - comparable with competing properties in the area
- With minor investment in repairs - to sell the property quickly, likely as a "fixer-upper"
Again, we understand your time line and the unique situation of a Real Estate Owned home, in addition to the special data you'll need - competing listings, market trends, and the like. You can bank on Anderson & Associates to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.
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