Zion Realty Services, Inc is experienced when it comes to bank owned properties in Stafford
Houses in foreclosure and properties that have returned to the institution's possession bring forth specific appraisal problems.
It's important to differentiate the difference between fair market price and "quick disposition" worth to analyze what losses you stand to sustain when dealing with a home in foreclosure. At Zion Realty Services, Inc, we have the background in both producing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time line.
We have the experience to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Zion Realty Services, Inc.
Specific challenges can be present when working with owners of property in foreclosure. They might be opposed to allowing an inspection of the home. If they left the house already, they might have not taken care of the property for quite some time - or worse, damaged the home.
If your property has already returned to REO, you will interested in a fast disposition. But you may want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the value of the house without any work performed, with the work due to make the home marketable at full market value consistent with competing properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the specific circumstances of a Real Estate Owned house, as well as the special data you will need -- competing listings, neighborhood trends, and so forth. You can bank on Zion Realty Services, Inc to handle the appraisal of your REO with expertise and professionalism. Contact us today.