![]() Berry Realty Co., Realtors is experienced when it comes to foreclosures in JacksonThere are special appraisal difficulties for a property in foreclosure or one that has gone back to the institution's control. You should differentiate the difference between fair market value and "quick disposition" price to evaluate what losses you might realize when dealing with a home in foreclosure. The professionals at Berry Realty Co., Realtors can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency. Berry Realty Co., Realtors has the training to deal with the special dynamics of a foreclosure appraisal. Contact Berry Realty Co., Realtors for a company you can rely on. Owners of property in foreclosure, of course, can present unique challenges. They might be opposed to allowing an inspection of the house. If they deserted the property already, they could have overlooked the care of the home for a long time - or even worse, ransacked the property. If your house has gone back to Real Estate Owned, you will interested in an expedited disposition. But you may want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the value of the home without any repairs done to it, with the repairs needed to make the house marketable at full market value comparable with the other houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the unique circumstances of an REO home, in addition to the specific data you'll need -- competing listings, neighborhood trends, and the like. You can rely on Berry Realty Co., Realtors to take on the appraisal of your REO professionally and efficiently. Contact us today. |