Call REVARI  (Real Estate Valuation and Research Inc.) when you need valuations of Sullivan foreclosures

REO Appraisals in Sullivan County

Homes that have returned to the bank's ownership and homes in foreclosure bring forth unique appraisal problems.

When dealing with a home in foreclosure, you need to understand the difference between fair market price and "quick disposition" price to evaluate your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your time line.

You need a company with the experience to deal with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact REVARI (Real Estate Valuation and Research Inc.).

Occupants of dwellings in foreclosure may be unwilling to allow an inspection of the house, thus presenting specific challenges. They could have deserted the house already and/or neglected care of the house for a long time - or worse, caused damage to the house.

You will be interested in an expeditious disposition if the property has gone back to REO. So you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any repairs done to it, with the work called for to make the property marketable at full market value commensurate with similar real estate in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your time line and the special situation of a Real Estate Owned house, in addition to the special data you will need -- competing listings, market trends, and so forth. You can rely on REVARI (Real Estate Valuation and Research Inc.) to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.