![]() Beltway Appraisals, LLC is a company you can trust when it comes to foreclosures in Anne ArundelReal Estate in foreclosure and homes that have gone back to the lender's control create particular appraisal difficulties. When there is a property in foreclosure, you need to understand the difference between fair market value and "quick disposition" value to know your likely charge-off liability. Beltway Appraisals, LLC has the knowledge in both producing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your urgency. The professionals at Beltway Appraisals, LLC have the experience to deal with the particular dynamics of a foreclosure appraisal. Contact Beltway Appraisals, LLC for a company you can rely on. Unique challenges can be present when working with owners of homes in foreclosure. They may be opposed to allowing an inspection of the home. Often the houses have been ransacked, unfortunately by the residents. Or, it's common to discover the residents have moved out or the home languishing in disrepair for extended periods of time. You will be interested in a speedy disposition if the home has reverted to REO. So you may want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs performed, with the repairs called for to make the house marketable at full market value appropriate with competing properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your timeline and the special circumstances of a Real Estate Owned property, as well as the unique information you'll need -- competing listings, market trends, and so forth. You can bank on Beltway Appraisals, LLC to handle the appraisal of your REO with expertise and professionalism. Contact us today. |