![]() JTH Appraisals is experienced when it comes to foreclosures in Elk GroveReal Estate in foreclosure and homes that have reverted to the lender's holding present unique appraisal problems. It's important to differentiate the difference between fair market worth and "quick disposition" price to know your probable write-down liability when dealing with a house in foreclosure. At JTH Appraisals, we have the training in both supplying snapshots of fair market value for our mortgage clients, as well as "quick sale" forecasts that understand your urgency. The professionals at JTH Appraisals have the expertise to handle the particular dynamics of a foreclosure appraisal. For a company you can trust, contact JTH Appraisals. Specific challenges might be present when working with owners of property in foreclosure. They might be disinclined to allow an inspection of the property. If they abandoned the property already, they may have neglected care of the property for quite awhile - or worse, caused damage to the house. If your house has already gone back to Real Estate Owned, you will interested in a speedy disposition. However, you may want to understand and examine 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 the other homes in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the specific circumstances of an REO house, as well as the unique information you'll need -- competing listings, neighborhood trends, and the like. You can rely on JTH Appraisals to handle the task of your bank owned property professionally and efficiently. Contact us today. |