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

Foreclosure Appraisals in Sullivan County

There are various appraisal problems involved in a property in foreclosure or one that has gone back to the bank's possession.

For a home in foreclosure, you need to understand the gap between the fair market and "quick disposition" to know your probable charge-off liability. The professionals at REVARI (Real Estate Valuation and Research Inc.) can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into consideration your time line.

We have the expertise to work with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact REVARI (Real Estate Valuation and Research Inc.).

Particular challenges can be present when working with owners of property in foreclosure. They could be disinclined to allow an inspection of the property. If they deserted the property already, they might have not taken care of the house for a long time - or unfortunately, caused damage to the property.

For a house that has changed to Real Estate Owned, you most likely will be seeking an expedited disposition . But you may want to understand and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any repairs done to it, with the work due to make the property marketable at full market value comparable with competing real estate in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your urgency and the special circumstances of a Real Estate Owned house, in addition to the specific information you'll need -- competing listings, market trends, and the like. You can bank on REVARI (Real Estate Valuation and Research Inc.) to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.