Call Precise Home Appraisal Inc. when you need valuations on Oakland foreclosures

Precise Home Appraisal Inc. is experienced when it comes to bank owned properties in W. Bloomfield, Michigan

Real Estate in foreclosure and properties that have reverted to the financial institution's possession bring forth special appraisal difficulties.

For a home in foreclosure, you definitely need to understand the difference between the market price and a "quick disposition" to know your potential charge-off liability. At Precise Home Appraisal Inc., we have the training in both providing snapshots of market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your timeline.

Precise Home Appraisal Inc. has the expertise to handle the unique dynamics of a foreclosure appraisal. Contact Precise Home Appraisal Inc. for a company you can count on.

Occupants of property in foreclosure could be opposed to allowing an inspection of the house, thus presenting special challenges. If they abandoned the property already, they might have not taken care of the property for quite awhile - or even worse, caused damage to the home.

You'll be interested in an expeditious disposition if the house has already gone back to bank owned. So you may want to know and compare three values: "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the home without any work done to it
  • Possible value with the repairs necessary to make the property marketable at full market value - in accordance with competing homes in the neighborhood
  • With minor investment in repairs - to sell the home quickly, possibly as a "fixer-upper"
Again, we understand your urgency and the unique circumstances of a Real Estate Owned property, in addition to the special information you'll need - competing listings, neighborhood trends, and so forth. You can count on Precise Home Appraisal Inc. to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.

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