Call Tight & Right Real Estate Valuation when you need valuations on Union foreclosures

REO and Foreclosure Appraisal in Union County

There are unique appraisal challenges when we're talking about a house in foreclosure or one that has reverted to the financial institution's control.

When there is a house in foreclosure, it's important to ascertain the difference between fair market worth and "quick disposition" value to evaluate your possible charge-off liability. The professionals at Tight & Right Real Estate Valuation can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your timeline.

You need a company who has the qualifications to deal with the particular dynamics of a foreclosure appraisal. Contact Tight & Right Real Estate Valuation for a company you can count on.

Particular challenges might be present when working with owners of homes in foreclosure. They could be unwilling to allow an inspection of the home. Often the subjects have been ransacked, unfortunately at the hands of 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.

If your property has returned to Real Estate Owned, you will interested in a quick disposition. But you may want to understand and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work performed, with the work required to make the house marketable at full market value corresponding with competing houses in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the special situation of a bank owned property, in addition to the special information you will need -- competing listings, neighborhood trends, and so forth. You can bank on Tight & Right Real Estate Valuation to handle the task of your bank owned property with expertise and professionalism. Contact us today.

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