Tim Johnson is a company you can trust when you need appraisals for bank owned properties in Fernandina BeachReal Estate in foreclosure and homes that have gone back to the financial institution's holding create particular appraisal challenges. You should differentiate the difference between fair market price and "quick disposition" value to know what losses you could sustain when dealing with a home in foreclosure. Tim Johnson has the knowledge in both furnishing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time line. We have the qualifications to handle the specific dynamics of a foreclosure appraisal. Contact Tim Johnson for a company you can trust. Occupants of houses in foreclosure may be uncooperative to allowing an inspection of the house, thus presenting particular challenges. If they moved out of the property already, they might have overlooked the care of the house for quite some time - or even worse, caused damage to the home. You will be interested in an expedited disposition if the home has gone back to REO. So you may want to understand and examine three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any work performed, with the repairs required to make the property marketable at full market value corresponding with similar houses in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your time line and the special situation of an REO home, in addition to the special data you'll need -- competing listings, market trends, and so forth. You can count on Tim Johnson to take on the task of your bank owned property with expertise and professionalism. Contact us today. |