TRA-Times Realty Appraisals, Inc. is a company you can trust when you need appraisals for foreclosures in DelawareThere are special appraisal problems when it comes to a property in foreclosure or one that has returned to the bank's possession. When dealing with a home in foreclosure, you need to differentiate the difference between fair market price and "quick disposition" worth to know your possible charge-off liability. At TRA-Times Realty Appraisals, Inc., we have the experience in both supplying snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time constraints. You need a company who has the experience to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact TRA-Times Realty Appraisals, Inc.. Owners of in foreclosure might be unwilling to allow an inspection of the house, thus presenting specific challenges. They could have deserted the house already and/or ignored the care of the home for a long time - or worse, intentionally harmed the property. You'll be interested in an expeditious disposition if the home has returned to bank owned. So you might want to understand and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any work performed, with the work necessary to make the house marketable at full market value comparable with competing properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the unique circumstances of a bank owned property, in addition to the special data you'll need -- competing listings, market trends, and so forth. You can rely on TRA-Times Realty Appraisals, Inc. to handle the task of your REO professionally and efficiently. Contact us today. |