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ASAP Appraisal Group is experienced when it comes to foreclosures in Lakeland, Florida
Homes that have gone back to the financial institution's ownership and homes in foreclosure bring forth unique appraisal challenges.
When there is a house in foreclosure, you should ascertain market value versus a "quick disposition" price to know your potential charge-off liability.
We can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your pressing needs.
Unique challenges might be present when dealing with owners of homes in foreclosure. They could be opposed to allowing an inspection of the house.
They might have moved out of the home already and/or overlooked the care of the house for a long time - or gone as far as damaged the home.
If you're dealing with a house that has returned to Real Estate Owned, you will interested in a speedy disposition. But you might want to understand and compare three values: as-is, as repaired, and "quick sale". These symbolize: - The value of the house without any work done to it
- Value with the repairs called for to make the property marketable at full market value - in accordance with competing properties in the area
- Somewhere in the middle, with minimal investment in repairs - to offload the property quickly, probably to someone who'd prefer to finish the job themselves
Again, we understand your time line and the unique circumstances of a bank owned home, in addition to the specific information you'll need - competing listings, market trends, and so forth. You can bank on ASAP Appraisal Group to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.
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Real Estate Appraiser serving Central Florida, which includes Polk, Orange, Hillsborough, Osceola, Pasco, Pinellas and Highlands counties. Types of appraisals include: FHA, ERC, Land, Manufactured Home, Condo, Multi-Acre, Difficult/Complex and REO Appraisals.
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