Dennis B. Thomas is an appraiser you can trust when it comes to foreclosures in DuvalThere are particular appraisal challenges for a house in foreclosure or one that has reverted to the bank's possession. When dealing with a home in foreclosure, you need to ascertain the difference between fair market worth and "quick disposition" worth to know your likely charge-off liability. We can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into account your urgency. Dennis B. Thomas has the training to work with the unique dynamics of a foreclosure appraisal. Contact Dennis B. Thomas for an appraiser you can trust. Owners of properties in foreclosure, of course, can present particular challenges. They may be uncooperative to allowing an inspection of the property. They may have left the property already and/or overlooked the care of the house for a long time - or gone as far as caused damage to the house. If your home has already changed to Real Estate Owned, you will interested in a fast disposition. However, you may want to understand and compare three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work performed, with the repairs needed to make the property marketable at full market value corresponding with competing homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the special circumstances of an REO house, as well as the special data you'll need -- competing listings, neighborhood trends, and so forth. You can count on Dennis B. Thomas to handle the task of your REO professionally and efficiently. Contact us today. |