Perry & Associates Appraisal Company is a company you can trust when you need appraisals for foreclosures in IndianapolisHouses that have reverted to the financial institution's control and properties in foreclosure bring forth special appraisal challenges. It's key to understand the difference between fair market value and "quick disposition" price to know what losses you might sustain when dealing with a home in foreclosure. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your time constraints. Perry & Associates Appraisal Company has the training to handle the specific dynamics of a foreclosure appraisal. Contact Perry & Associates Appraisal Company for a company you can rely on. Occupants of houses in foreclosure might be disinclined to allow an inspection of the property, thus presenting specific challenges. Often the subjects have been vandalized, unfortunately by the residents. Or, it's likely you'll discover nobody has lived in house for months or the home neglected for long of time. For a house that has already changed to bank owned, you probably will be going for an expedited disposition . However, you might want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs performed, with the repairs necessary to make the house marketable at full market value corresponding with similar real estate in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the unique circumstances of a bank owned house, in addition to the unique data you will need -- competing listings, market trends, and the like. You can count on Perry & Associates Appraisal Company to take on the task of your REO with expertise and professionalism. Contact us today. |