Crest Appraisal Services is a company you can trust when it comes to bank owned properties in KingThere are specific appraisal problems regarding a home in foreclosure or one that has returned to the institution's ownership. For a property in foreclosure, you might need to understand the gap between the fair market price and "quick disposition" to know your likely charge-off liability. Crest Appraisal Services has the experience in both presenting snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your time constraints. We have the training to work with the specific dynamics of a foreclosure appraisal. Contact Crest Appraisal Services for a company you can count on. Unique challenges may be present when dealing with owners of properties in foreclosure. They could be opposed to allowing an inspection of the property. They might have deserted the home already and/or neglected care of the home for quite awhile - or gone as far as ransacked the home. For a home that has reverted to bank owned, you probably will want to get rid of it quickly . But you might want to understand and compare three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work done to it, with the repairs required to make the house marketable at full market value appropriate with the other homes in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the special situation of a bank owned home, in addition to the special information you'll need -- competing listings, neighborhood trends, and the like. You can bank on Crest Appraisal Services to take on the task of your bank owned property professionally and efficiently. Contact us today. |