REVARI (Real Estate Valuation and Research Inc.) is experienced when it comes to foreclosures in Sullivan
Properties that have reverted to the institution's ownership and properties in foreclosure bring forth specific appraisal problems.
It's vital to recognize the difference between fair market worth and "quick disposition" worth to know your probable charge-off liability when dealing with a house in foreclosure. At REVARI (Real Estate Valuation and Research Inc.), we have the training in both providing snapshots of fair market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your time constraints.
You need a company with the training to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact REVARI (Real Estate Valuation and Research Inc.).
Owners of homes in foreclosure might be unwilling to allow an inspection of the house, thus presenting special challenges. They could have left the home already and/or neglected care of the house for a long time - or worse, ransacked the home.
If your house has returned to bank owned, you will interested in a fast disposition. However, you may want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any repairs done to it, with the work called for to make the house marketable at full market value commensurate with similar houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the specific circumstances of a Real Estate Owned home, as well as the unique data you will need -- competing listings, market trends, and the like. You can rely on REVARI (Real Estate Valuation and Research Inc.) to take on the appraisal of your REO professionally and efficiently. Contact us today.