Shannon Waters-Mitchell is a company you can trust when it comes to bank owned properties in Tarpon SpringsHouses that have returned to the financial institution's holding and houses in foreclosure create various appraisal challenges. For a property in foreclosure, you need to know the difference between the fair market worth and "quick disposition" value to know your likely charge-off liability. Shannon Waters-Mitchell has the experience in both furnishing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline. You need a company with the expertise to handle the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Shannon Waters-Mitchell. Occupants of property in foreclosure could be uncooperative to allowing an inspection of the home, thus presenting special challenges. Sometimes the homes show signs of vandalism, often by the residents themselves. Or, it's likely you'll find a house at least abandoned or the home languishing in disrepair for extended periods of time. You will be interested in an expedited disposition if the home has already gone back to Real Estate Owned. So you may want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs done to it, with the work called for to make the home marketable at full market value appropriate with the other real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your urgency and the specific situation of a Real Estate Owned house, in addition to the specific information you will need -- competing listings, neighborhood trends, and so forth. You can count on Shannon Waters-Mitchell to take on the task of your REO with expertise and professionalism. Contact us today. |