The Nunn Company Residential Appraisals LLC is a company you can trust when you need appraisals for bank owned properties in Cole
Homes that have reverted to the institution's possession and homes in foreclosure bring forth various appraisal difficulties.
It's key to recognize the difference between fair market worth and "quick disposition" price to know your possible write-down liability when dealing with a house in foreclosure. The Nunn Company Residential Appraisals LLC has the training in both supplying snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your urgency.
We have the training to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact The Nunn Company Residential Appraisals LLC.
Owners of properties in foreclosure, of course, can present unique challenges. They may be disinclined to allow an inspection of the property. If they abandoned the home already, they might have overlooked the care of the home for quite awhile - or even worse, caused damage to the house.
You will be interested in an expedited disposition if the property has already changed to bank owned. So you might want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the value of the home without any repairs performed, with the repairs due to make the home marketable at full market value appropriate with the other homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the specific situation of an REO house, in addition to the unique information you'll need -- competing listings, neighborhood trends, and the like. You can bank on The Nunn Company Residential Appraisals LLC to take on the task of your REO with expertise and professionalism. Contact us today.