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Call A.M.O. Appraisals, Inc. when you need valuations for Collier foreclosures

Real Estate Owned and Foreclosure Appraisal in Collier County

There are various appraisal difficulties involved in a home in foreclosure or one that has reverted to the financial institution's possession.

For a house in foreclosure, you need to recognize the difference between market value and a "quick disposition" value to know your potential charge-off liability. At A.M.O. Appraisals, Inc., we have the background in both providing snapshots of market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that consider your pressing needs.

The professionals at A.M.O. Appraisals, Inc. have the training to deal with the particular dynamics of a foreclosure appraisal. Contact A.M.O. Appraisals, Inc. for a company you can rely on.

Owners of properties in foreclosure might be disinclined to allow an inspection of the home, thus presenting unique challenges. Often the homes show signs of vandalism, unfortunately at the hands of the former residents. Or, it's common to find the previous owners have moved out or the home languishing in disrepair for extended periods of time.

If you're dealing with property that has reverted to bank owned, you will interested in a speedy disposition. However, you might want to know and examine three values: as-is, as repaired, and "quick sale". These represent:

  • The value of the home without any repairs done to it
  • Value with the repairs called for to make the home marketable at full market value - in accordance with other properties in the area
  • Somewhere in between, with minor investment in repairs - to offload the property quickly, most likely to someone who'd rather finish the job themselves
Again, we understand your time line and the specific circumstances of a Real Estate Owned home, in addition to the special information you'll need - competing listings, neighborhood trends, and the like. You can rely on A.M.O. Appraisals, Inc. to take on the task of your REO professionally and efficiently. Contact us today.