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Call Appraisal Alliance Group, LLC to order valuations of Brevard foreclosures

REO Appraisals in Brevard County

Homes that have returned to the bank's possession and houses in foreclosure create unique appraisal challenges.

It's important to know the meanings of "market value" and a "quick disposition" assessment to evaluate your potential write-down liability when dealing with a house in foreclosure. We can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your pressing needs.

Appraisal Alliance Group, LLC has the experience to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Appraisal Alliance Group, LLC.

Owners of property in foreclosure might be opposed to allowing an inspection of the property, thus presenting special challenges. If they abandoned the home already, they may have ignored the care of the home for quite awhile - or unfortunately, caused damage to the home.

If you're dealing with property that has returned to REO, you will interested in a speedy disposition. However, you might want to understand and examine 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 needed to make the house marketable at full market value - appropriate with other real estate in the neighborhood
  • Somewhere in between, with minor investment in repairs - to get rid of the home quickly, seemingly to someone inclined to finish the job themselves
Again, we understand your time line and the special situation of a bank owned home, as well as the special information you'll need - competing listings, market trends, and the like. You can count on Appraisal Alliance Group, LLC to take on the task of your REO with expertise and professionalism. Contact us today.