Foreclosure Appraisals in Lincoln CountyThere are special appraisal difficulties when it comes to a house in foreclosure or one that has reverted to the lender's holding. It's vital to ascertain the difference between fair market worth and "quick disposition" value to evaluate your probable charge-off liability when dealing with a home in foreclosure. At Lyman Appraisal Services, LLC, we have the knowledge in both furnishing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your urgency. We have the qualifications to work with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Lyman Appraisal Services, LLC. Owners of homes in foreclosure, of course, can present special challenges. They might be unwilling to allow an inspection of the property. If they deserted the home already, they may have neglected care of the house for awhile - or even worse, ransacked the home. If your property has already changed to Real Estate Owned, you will interested in an expeditious disposition. However, you might want to know about and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any repairs done to it, with the repairs called for to make the property marketable at full market value comparable with similar houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the specific situation of a Real Estate Owned home, in addition to the special information you'll need -- competing listings, market trends, and so forth. You can bank on Lyman Appraisal Services, LLC to take on the task of your REO professionally and efficiently. Contact us today. |