Vista Real Estate Services, Inc. is a company you can trust when you need appraisals for bank owned properties in CookThere are special appraisal challenges for a property in foreclosure or one that has returned to the institution's possession. When there is a property in foreclosure, it's important to ascertain the difference between fair market price and "quick disposition" worth to evaluate your potential charge-off liability. The professionals at Vista Real Estate Services, Inc. can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line. We have the experience to work with the unique dynamics of a foreclosure appraisal. Contact Vista Real Estate Services, Inc. for a company you can rely on. Owners of properties in foreclosure may be disinclined to allow an inspection of the house, thus presenting specific challenges. They may have moved out of the property already and/or neglected care of the home for quite awhile - or gone as far as intentionally harmed the home. If your house has already returned to Real Estate Owned, you will interested in an expedited disposition. But you may want to know and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the house without any work performed, with the repairs needed to make the house marketable at full market value comparable with the other houses 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 urgency and the unique circumstances of a bank owned home, as well as the special information you will need -- competing listings, neighborhood trends, and so forth. You can bank on Vista Real Estate Services, Inc. to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |