Call Alta Appraisal, L.L.C. (732) 998-8705 when you need appraisals of Ocean foreclosures

Alta Appraisal, L.L.C. 267-664-0064 is the company you should trust when you need appraisals for foreclosures in Ocean County

Properties that have returned to the bank's possession and homes in foreclosure bring forth various appraisal challenges.

For a house in foreclosure, you need to know the gap between the fair market price and a "quick disposition" assessment to know your likely charge-off liability. At Alta Appraisal, L.L.C. (732) 998-8705, we have the experience in both furnishing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that consider your pressing needs.

The professionals at Alta Appraisal, L.L.C. have the training to work with the specific dynamics of a foreclosure appraisal. Contact Alta Appraisal, L.L.C. 267-664-0064 for a company you can .

Special challenges can be present when working with owners of property in foreclosure. They might be unwilling to allow an inspection of the property. If they left the home already, they may have overlooked the care of the property for quite awhile - or worse, damaged the property.

 

You will be interested in a speedy disposition if the house has changed to bank owned. So you may want to understand and analyze three values: "as-is", "as repaired", and "quick sale". These represent:

  • The worth of the property without any repairs performed
  • Value with the repairs necessary to make the property marketable at full market value - commensurate with similar real estate in the area
  • Somewhere in between, with minor investment in repairs - to get rid of the property quickly, probably as a "fixer-upper"
Again, we understand your time line and the unique circumstances of a Real Estate Owned house, as well as the unique data you'll need - competing listings, market trends, and so forth. You can rely on Alta Appraisal, L.L.C. 267-664-0064 to take on the task of your bank owned property professionally and efficiently. Contact us today.