Tri-County Appraisal is experienced when you need appraisals for bank owned properties in Jefferson CountyProperties in foreclosure and homes that have returned to the institution's possession bring forth particular appraisal problems.When there is a property in foreclosure, you should differentiate market value versus a "quick disposition" price to know your probable charge-off liability. We can provide both snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your pressing needs.
Owners of houses in foreclosure, naturally, can present unique challenges: They might be uncooperative when it comes to allowing the appraiser access to the house. Sometimes the houses have been vandalized, unfortunately at the hands of the former residents themselves. Or, it's likely you'll find a house at least abandoned or the home languishing in disrepair for long periods of time.
You'll be interested in an expeditious disposition if the property has gone back to Real Estate Owned. So you need to understand and examine three values: "as-is", "as repaired", and "quick sale". These symbolize: |