Real Estate Owned and Foreclosure Appraisals in Charleston CountyProperties that have returned to the financial institution's possession and houses in foreclosure bring forth particular appraisal challenges. When dealing with a property in foreclosure, it's important to recognize the difference between fair market price and "quick disposition" price to know your potential charge-off liability. Williams Appraisal and Realty Services, LLC has the background in both producing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your timeline. We have the expertise to work with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Williams Appraisal and Realty Services, LLC. Occupants of properties in foreclosure may be opposed to allowing an inspection of the home, thus presenting special challenges. Often the properties have been vandalized, unfortunately by the former residents. Or, it's likely you'll find a house at a minimum abandoned or the home languishing in disrepair for extended periods of time. If your house has already changed to bank owned, you will interested in a fast disposition. But you might want to understand and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the house without any work done to it, with the work called for to make the home marketable at full market value comparable with competing properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your timeline and the unique circumstances of an REO property, as well as the unique data you'll need -- competing listings, market trends, and so forth. You can bank on Williams Appraisal and Realty Services, LLC to handle the task of your REO professionally and efficiently. Contact us today. |