REO and Foreclosure Appraisals in Catoosa CountyHouses in foreclosure and houses that have reverted to the institution's ownership create special appraisal challenges. It's key to differentiate the difference between fair market value and "quick disposition" price to analyze what losses you could have to endure when dealing with a property in foreclosure. Kernea Appraisals has the background in both supplying snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your timeline. The professionals at Kernea Appraisals have the training to handle the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Kernea Appraisals. Special challenges might be present when dealing with owners of properties in foreclosure. They could be unwilling to allow an inspection of the house. They could have moved out of the home already and/or overlooked the care of the house for a long time - or in some cases intentionally harmed the property. You'll be interested in a quick disposition if the home has reverted to REO. So you may want to know and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs performed, with the work due to make the home marketable at full market value appropriate with competing houses in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the special situation of a Real Estate Owned home, as well as the unique information you will need -- competing listings, neighborhood trends, and the like. You can count on Kernea Appraisals to take on the appraisal of your REO with expertise and professionalism. Contact us today. |