REVARI (Real Estate Valuation and Research Inc.) is experienced when you need appraisals for foreclosures in Claremont
There are unique appraisal challenges when it comes to a home in foreclosure or one that has reverted to the bank's control.
For a house in foreclosure, you should understand the difference between fair market price and "quick disposition" to know your probable charge-off liability. REVARI (Real Estate Valuation and Research Inc.) has the experience in both supplying snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time line.
REVARI (Real Estate Valuation and Research Inc.) has the training to deal with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact REVARI (Real Estate Valuation and Research Inc.).
Owners of houses in foreclosure, of course, can present unique challenges. They could be opposed to allowing an inspection of the home. They might have abandoned the property already and/or overlooked the care of the property for some time - or even worse, caused damage to the property.
For a house that has already gone back to bank owned, you probably will be interested in a speedy disposition . However, you may want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work done to it, with the work necessary to make the home marketable at full market value comparable with similar real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly to someone who'd rather finish the job themselves. Again, we understand your urgency and the special circumstances of a Real Estate Owned home, as well as the special information you will need -- competing listings, market trends, and the like. You can rely on REVARI (Real Estate Valuation and Research Inc.) to handle the task of your REO professionally and efficiently. Contact us today.