Treffer Appraisal Group, is experienced when you need appraisals for foreclosures in AnnapolisThere are unique appraisal difficulties involved in a property in foreclosure or one that has returned to the institution's ownership. When dealing with a home in foreclosure, you need to differentiate the difference between fair market price and "quick disposition" price to analyze your probable charge-off liability. At Treffer Appraisal Group,, we have the experience in both providing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time line. We have the expertise to work with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Treffer Appraisal Group,. Owners of properties in foreclosure may be disinclined to allow an inspection of the house, thus presenting specific challenges. If they left the house already, they could have ignored the care of the property for some time - or worse, damaged the home. You will be interested in a fast disposition if the property has already changed to Real Estate Owned. So you need to understand and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any repairs performed, with the repairs needed to make the home marketable at full market value consistent with similar houses in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the special situation of an REO house, as well as the unique information you'll need -- competing listings, market trends, and the like. You can count on Treffer Appraisal Group, to handle the task of your REO with expertise and professionalism. Contact us today. |