REVARI (Real Estate Valuation and Research Inc.) is a company you can trust when you need appraisals for foreclosures in Sullivan
Homes that have reverted to the bank's holding and properties in foreclosure bring forth unique appraisal problems.
You should know the difference between fair market price and "quick disposition" worth to know what losses you could realize when dealing with a house in foreclosure. The professionals at REVARI (Real Estate Valuation and Research Inc.) can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time line.
You need a company with the experience to deal with the particular dynamics of a foreclosure appraisal. Contact REVARI (Real Estate Valuation and Research Inc.) for a company you can rely on.
Owners of houses in foreclosure, of course, can present unique challenges. They might be unwilling to allow an inspection of the home. They might have deserted the property already and/or overlooked the care of the home for some time - or in some cases ransacked the property.
If your house has reverted to Real Estate Owned, you will interested in a speedy disposition. However, you might want to know about and compare three values: as-is, as repaired, and "quick sale." These represent the value of the home without any repairs done to it, with the repairs required to make the home marketable at full market value comparable with similar homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your urgency and the specific circumstances of a bank owned house, as well as the special information you will need -- competing listings, market trends, and the like. You can bank on REVARI (Real Estate Valuation and Research Inc.) to take on the task of your REO professionally and efficiently. Contact us today.