Wiscoappraisal is a company you can trust when it comes to bank owned properties in south central Wisconsin.There are various appraisal challenges involved in a house in foreclosure or one that has gone back to the bank's control. For a home in foreclosure, you need to understand the difference between the fair market and "quick disposition" price to know your potential charge-off liability. Wiscoappraisal. has the background in both supplying snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your urgency. The professionals at Wiscoappraisal, Inc. have the training to deal with the particular dynamics of a foreclosure appraisal. Contact Wiscoappraisal for a company you can rely on. Owners of homes in foreclosure could be opposed to allowing an inspection of the property, thus presenting unique challenges. Sometimes the homes have been vandalized, often by the former residents themselves. Or, it's likely you'll find the residents have moved out or the home neglected for extended periods of time. For real estate that has changed to REO, you most likely will want it off your hands as quickly as possible . But you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any work done to it, with the work necessary to make the house marketable at full market value commensurate with competing properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the special circumstances of a Real Estate Owned home, as well as the specific data you will need -- competing listings, neighborhood trends, and so forth. You can bank on Forshay Appraisals, Inc. to take on the task of your REO with expertise and professionalism. Contact us today. |