Residential Appraisal Service, LLC is a company you can trust when you need appraisals for foreclosures in KnoxReal Estate in foreclosure and properties that have returned to the lender's possession create unique appraisal difficulties. For a property in foreclosure, you should know the gap between fair market worth and "quick disposition" value to know your probable charge-off liability. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time constraints. You need a company with the experience to deal with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Residential Appraisal Service, LLC. Owners of houses in foreclosure, of course, can present specific challenges. They may be uncooperative to allowing an inspection of the house. They might have deserted the home already and/or ignored the care of the property for quite some time - or even worse, ransacked the property. For real estate that has gone back to bank owned, you probably will want it off your hands as quickly as possible . However, you might want to know about and compare three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any repairs performed, with the repairs called for to make the house marketable at full market value consistent with competing properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your urgency and the special circumstances of a bank owned house, as well as the special information you will need -- competing listings, market trends, and so forth. You can count on Residential Appraisal Service, LLC to take on the task of your REO with expertise and professionalism. Contact us today. |