The Hohman Appraisal Company is the company you should trust when you need appraisals for foreclosures in WINTER HAVEN, FloridaThere are unique appraisal challenges involved in a home in foreclosure or one that has gone back to the lender's control.
For a home in foreclosure, you need to recognize the gap between the market and a "quick disposition" value to know your likely charge-off liability. The professionals at The Hohman Appraisal Company can provide both snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your pressing needs.
Unique challenges might be present when working with owners of property in foreclosure. They could be opposed to allowing an inspection of the home. If they deserted the house already, they may have ignored the care of the property for some time - or unfortunately, ransacked the property.
For a house that has returned to Real Estate Owned, you probably will be going for an expeditious resolution. However, you might want to understand and examine the definitions of "as-is", "as repaired", and "quick sale" values. These correspond to: