Metropolitan Real Estate Appraisal Service, Inc. is experienced when it comes to foreclosures in Prince GeorgesReal Estate in foreclosure and houses that have gone back to the lender's holding bring forth various appraisal challenges. For a property in foreclosure, you may need to understand the gap between the fair market value and "quick disposition" to know your potential charge-off liability. At Metropolitan Real Estate Appraisal Service, Inc., we have the experience in both producing snapshots of fair market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your time constraints. We have the experience to handle the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Metropolitan Real Estate Appraisal Service, Inc.. Occupants of dwellings in foreclosure could be uncooperative to allowing an inspection of the property, thus presenting particular challenges. Sometimes the subjects show signs of vandalism, unfortunately at the hands of the former residents. Or, it's common to find nobody has occupied the house for months or the home languishing in disrepair for long of time. You will be interested in an expedited disposition if the home has already reverted to REO. So you need to understand and review three values: as-is, as repaired, and "quick sale." These represent the value of the property without any work done to it, with the work needed to make the home marketable at full market value appropriate with similar homes in the neighborhood, and, somewhere in the middle, with minor 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 special data you will need -- competing listings, neighborhood trends, and so forth. You can count on Metropolitan Real Estate Appraisal Service, Inc. to handle the appraisal of your REO with expertise and professionalism. Contact us today. |