Village Appraisal Ltd. is a company you can trust when it comes to foreclosures in Fairfield
Properties that have returned to the financial institution's possession and homes in foreclosure bring forth specific appraisal challenges.
It's important to understand the difference between fair market value and "quick disposition" value to evaluate what losses you stand to have to endure when dealing with a home in foreclosure. Village Appraisal Ltd. has the experience in both furnishing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your timeline.
We have the qualifications to work with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Village Appraisal Ltd..
Particular challenges can be present when working with owners of homes in foreclosure. They may be disinclined to allow an inspection of the house. They may have left the house already and/or ignored the care of the house for awhile - or even worse, ransacked the property.
If your house has returned to Real Estate Owned, you will interested in an expeditious disposition. However, you may want to know and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any repairs performed, with the repairs required to make the home marketable at full market value consistent with competing homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the specific circumstances of an REO property, in addition to the specific data you will need -- competing listings, market trends, and the like. You can count on Village Appraisal Ltd. to take on the task of your REO with expertise and professionalism. Contact us today.