Grosvenor Appraisals, Inc. is a company you can trust when you need appraisals for bank owned properties in LeeReal Estate in foreclosure and properties that have reverted to the financial institution's holding present special appraisal difficulties. When there is a property in foreclosure, you should recognize the difference between fair market value and "quick disposition" price to analyze your potential charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into account your urgency. You need a company who has the training to deal with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Grosvenor Appraisals, Inc.. Owners of homes in foreclosure, of course, can present particular challenges. They may be uncooperative to allowing an inspection of the property. Often the properties have been vandalized, unfortunately by the former residents. Or, it's likely you'll find a house at least abandoned or the home languishing in disrepair for long of time. If your home has gone back to Real Estate Owned, you will interested in a speedy disposition. However, you might want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs done to it, with the work called for to make the property marketable at full market value commensurate with the other real estate in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your time line and the special circumstances of a bank owned house, in addition to the specific information you'll need -- competing listings, neighborhood trends, and so forth. You can count on Grosvenor Appraisals, Inc. to take on the task of your REO professionally and efficiently. Contact us today. |