Scott Appraisal Services, Inc. is experienced when it comes to foreclosures in Tampa, FloridaHomes in foreclosure and homes that have reverted to the institution's control bring forth various appraisal problems.For a house in foreclosure, you would be wise to understand the gap between the market value and a "quick disposition" value to know your probable charge-off liability. Scott Appraisal Services, Inc. has the knowledge in both furnishing snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your time constraints.
Particular challenges can be present when working with owners of homes in foreclosure. They may be opposed to allowing an inspection of the house. Sometimes the homes have been vandalized, unfortunately at the hands of the former residents. Or, it's likely you'll discover the residents have moved out or the home neglected for long periods of time.
For a house that has already reverted to bank owned, you probably will want it off your hands as quickly as possible. But you might want to know about and examine the concepts of "as-is", "as repaired", and "quick sale" values. These symbolize: |