Bartell Appraisal Services, LLC is a company you can trust when it comes to foreclosures in Park RidgeThere are specific appraisal challenges when it comes to a property in foreclosure or one that has returned to the bank's possession. For a property in foreclosure, you may need to know the gap between the fair market price and "quick disposition" to know your potential charge-off liability. Bartell Appraisal Services, LLC has the experience in both presenting snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your timeline. You need a company who has the training to work with the particular dynamics of a foreclosure appraisal. Contact Bartell Appraisal Services, LLC for a company you can trust. Owners of properties in foreclosure may be disinclined to allow an inspection of the property, thus presenting unique challenges. They might have left the house already and/or neglected care of the property for awhile - or gone as far as damaged the property. For a home that has already gone back to Real Estate Owned, you likewise will be interested in a quick disposition . But you may want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work done to it, with the repairs needed to make the house marketable at full market value appropriate with similar properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone who'd prefer to finish the job themselves. Again, we understand your time line and the specific situation of an REO home, in addition to the specific data you'll need -- competing listings, market trends, and so forth. You can bank on Bartell Appraisal Services, LLC to take on the task of your REO professionally and efficiently. Contact us today. |