Hughes Home Appraisals is a company you can trust when you need appraisals for foreclosures in HamiltonHouses that have gone back to the financial institution's ownership and houses in foreclosure create specific appraisal problems. It's important to differentiate the difference between fair market value and "quick disposition" value to evaluate what losses you could sustain when dealing with a home in foreclosure. Hughes Home Appraisals has the knowledge in both supplying snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your urgency. We have the qualifications to deal with the unique dynamics of a foreclosure appraisal. Contact Hughes Home Appraisals for a company you can count on. Particular challenges may be present when working with owners of homes in foreclosure. They could be opposed to allowing an inspection of the house. They may have moved out of the home already and/or neglected care of the home for quite some time - or gone as far as caused damage to the house. For a home that has already reverted to bank owned, you probably will want to get rid of it quickly . However, you may want to know and examine three values: as-is, as repaired, and "quick sale." These represent the value of the home without any work done to it, with the work needed to make the property marketable at full market value corresponding with the other real estate in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the special circumstances of an REO property, as well as the special data you'll need -- competing listings, market trends, and the like. You can bank on Hughes Home Appraisals to handle the appraisal of your REO professionally and efficiently. Contact us today. |