REVARI (Real Estate Valuation and Research Inc.) is experienced when you need appraisals for bank owned properties in Claremont
Properties in foreclosure and homes that have reverted to the financial institution's holding create unique appraisal problems.
For a property in foreclosure, you might need to know the gap between the fair market price and "quick disposition" to know your likely charge-off liability. At REVARI (Real Estate Valuation and Research Inc.), we have the training in both producing snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your urgency.
You need a company with the qualifications to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact REVARI (Real Estate Valuation and Research Inc.).
Specific challenges can be present when working with owners of properties in foreclosure. They may be disinclined to allow an inspection of the home. If they moved out of the house already, they may have not taken care of the home for quite awhile - or worse, ransacked the house.
If your property has reverted to REO, you will interested in an expeditious disposition. But you may want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs done to it, with the work needed to make the house marketable at full market value comparable with the other homes in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the specific circumstances of an REO home, as well as the specific data you will need -- competing listings, neighborhood trends, and so forth. You can rely on REVARI (Real Estate Valuation and Research Inc.) to take on the appraisal of your REO with expertise and professionalism. Contact us today.