Red Rock Appraisals, LLC is experienced when it comes to foreclosures in LeeThere are various appraisal difficulties involved in a property in foreclosure or one that has reverted to the lender's possession. For a house in foreclosure, you may need to recognize the difference between fair market value and "quick disposition" price to know your possible charge-off liability. Red Rock Appraisals, LLC has the experience in both supplying snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your time constraints. Red Rock Appraisals, LLC has the experience to deal with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Red Rock Appraisals, LLC. Owners of properties in foreclosure, of course, can present particular challenges. They could be uncooperative to allowing an inspection of the house. They might have moved out of the home already and/or neglected care of the property for quite some time - or in some cases vandalized the house. For real estate that has reverted to REO, you likewise will be going for an expedited disposition . But you might want to know about and compare three values: as-is, as repaired, and "quick sale." These represent the value of the property without any repairs performed, with the work required to make the home marketable at full market value consistent with competing houses 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 time line and the special circumstances of a Real Estate Owned property, as well as the special information you'll need -- competing listings, market trends, and the like. You can count on Red Rock Appraisals, LLC to take on the task of your REO professionally and efficiently. Contact us today. |