R. Scott Pierce Appraisal Services is a company you can trust when you need appraisals for foreclosures in Hattiesburg
There are particular appraisal difficulties regarding a house in foreclosure or one that has reverted to the institution's possession.
It's key to know the difference between fair market price and "quick disposition" price to analyze your probable charge-off liability when dealing with a home in foreclosure. R. Scott Pierce Appraisal Services has the experience in both furnishing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your time line.
The professionals at R. Scott Pierce Appraisal Services have the experience to handle the special dynamics of a foreclosure appraisal. Contact R. Scott Pierce Appraisal Services for a company you can trust.
Owners of homes in foreclosure may be unwilling to allow an inspection of the home, thus presenting unique challenges. They might have abandoned the property already and/or overlooked the care of the property for quite awhile - or in some cases vandalized the property.
If your property has changed to bank owned, you will interested in a speedy disposition. However, you may want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any repairs performed, with the repairs needed to make the house marketable at full market value commensurate with similar homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the special circumstances of a Real Estate Owned home, in addition to the special information you'll need -- competing listings, market trends, and so forth. You can count on R. Scott Pierce Appraisal Services to take on the task of your bank owned property with expertise and professionalism. Contact us today.