Luke Calamari Appraisal Services is experienced when it comes to bank owned properties in Saint TammanyThere are particular appraisal challenges for a property in foreclosure or one that has reverted to the lender's control. It's vital to understand the difference between fair market worth and "quick disposition" price to know what losses you might realize when dealing with a property in foreclosure. Luke Calamari Appraisal Services has the knowledge in both furnishing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time constraints. The professionals at Luke Calamari Appraisal Services have the expertise to handle the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Luke Calamari Appraisal Services. Particular challenges can be present when working with owners of houses in foreclosure. They may be disinclined to allow an inspection of the home. If they left the home already, they might have neglected care of the home for awhile - or unfortunately, damaged the home. For a home that has already returned to REO, you likewise will be interested in a fast resolution . However, you may want to know and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work performed, with the work due to make the home marketable at full market value comparable with the other properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the specific situation of an REO house, as well as the unique information you'll need -- competing listings, neighborhood trends, and the like. You can bank on Luke Calamari Appraisal Services to take on the task of your REO with expertise and professionalism. Contact us today. |