Real Estate Owned and Foreclosure Appraisals in Charleston CountyProperties that have reverted to the bank's control and homes in foreclosure present special appraisal difficulties. For a house in foreclosure, you need to recognize the difference between fair market and "quick disposition" value to know your probable charge-off liability. The professionals at Matthew Midkiff can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints. Matthew Midkiff has the qualifications to deal with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Matthew Midkiff. Special challenges may be present when working with owners of homes in foreclosure. They might be disinclined to allow an inspection of the home. They may have deserted the property already and/or neglected care of the property for some time - or in some cases caused damage to the house. If your house has reverted to REO, you will interested in a quick disposition. But you might want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any repairs performed, with the repairs necessary to make the home marketable at full market value appropriate with competing houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the special circumstances of a bank owned home, as well as the unique information you will need -- competing listings, market trends, and the like. You can count on Matthew Midkiff to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |