Call Advance Appraisal and Consultant Inc. to order appraisals on Mobile foreclosures

Real Estate Owned Appraisals in Mobile County

Properties in foreclosure and homes that have reverted to the bank's control present special appraisal difficulties.

For a home in foreclosure, you would be wise to recognize the difference between market and a "quick disposition" value to know your possible charge-off liability. The professionals at Advance Appraisal and Consultant Inc. can provide both snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your urgency.

The professionals at Advance Appraisal and Consultant Inc. have the training to deal with the particular dynamics of a foreclosure appraisal. Assured Appraisal Company, LLC for a company you can rely on.

Occupants of houses in foreclosure could be uncooperative to allowing an inspection of the home, thus presenting specific challenges. If they left the property already, they could have neglected care of the home for some time - or even worse, damaged the home.

 

For a home that has gone back to REO, you likewise will be interested in a fast resolution. However, you might want to know about and compare three values - "as-is", "as repaired", and "quick sale". These represent:

  • The value of the home without any work performed
  • Possible value with the work called for to make the home marketable at full market value - appropriate with other houses in the area
  • With minimal investment in repairs - to sell the property quickly, possibly as a "fixer-upper"
Again, we understand your time line and the specific situation of a bank owned property, as well as the unique information you will need - competing listings, neighborhood trends, and the like. You can bank on Advance Appraisal and Consultant Inc. to handle the task of your bank owned property with expertise and professionalism. Contact us today.