Appraisal Review & Reports is experienced when it comes to bank owned properties in Johnson City, TennesseeHomes in foreclosure and homes that have returned to the institution's ownership bring forth various appraisal problems.For a house in foreclosure, you would be wise to know the difference between market value and a "quick disposition" value to know your possible charge-off liability. We can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your pressing needs.
Owners of property in foreclosure can present specific challenges. They might be opposed to allowing an inspection of the property. If they left the property already, they could have ignored the care of the property for some time - or even worse, caused damage to the house. For real estate that has returned to bank owned, you most likely will be going for an expeditious resolution. In any case, you'll still want to consider three angles for looking at the value of the real estate at hand:
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