Pre-Foreclosure Appraisals & Short Sales
We provide if you need a pre-foreclosure appraisal, we’ll we offer appraisals with detailed opinions of fair market value for mortgage banks, and mortgage servicing clients as well as “quick sale” forecasts that consider your specific timeline. For commercial real estate in pre-foreclosure appraisals and bank owned real estate (REOs), owners and banks alike need to know the difference between “fair market” value and “quick disposition” value in order to determine the potential equity position or charge-off liability. Regardless of whether the real property is residential or commercial, understanding the ever changing market is crucial to reducing non- performing inventory of REO real estate. Owners of real estate which are in foreclosure are faced with many challenges. Some are unwilling to allow an inspection of the property or if they’ve already abandoned the property, they may have neglected care of the home for a period of time, or even purposely caused damage.
Contact Us for all of your pre-foreclosure appraisal or short sale needs. We have both the knowledge and experience to deal with the specific aspects of foreclosures and short sales. You can can rely on us minimize your losses.