Call The Appraisal Shoppe, Inc. to discuss valuations on Calvert foreclosures

The Appraisal Shoppe, Inc. is the company you should trust when it comes to bank owned properties in Calvert County

Houses that have returned to the financial institution's ownership and properties in foreclosure create various appraisal problems.

For a property in foreclosure, you would be wise to understand the difference between market value and a "quick disposition" value to know your possible charge-off liability. At The Appraisal Shoppe, Inc., we have the training in both producing snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency.

The professionals at The Appraisal Shoppe, Inc. have the experience to work with the special dynamics of a foreclosure appraisal. For a company you can rely on, contact The Appraisal Shoppe, Inc..

Occupants of houses in foreclosure could be disinclined to allow an inspection of the home, thus presenting unique challenges. If they moved out of the house already, they could have ignored the care of the home for quite awhile - or even worse, damaged the home.

For real estate that has already changed to bank owned, you probably will want it off your hands as quickly as possible. In any case, you'll still want to consider three angles for figuring the value of the subject property:

  • As Repaired. Possible market value with the work due to make the house marketable at full market value - commensurate with competing houses in the area
  • As-is. The market value of the property without any repairs done to it
  • Quick sale. Somewhere in between, with minimal investment in repairs - to sell the property quickly, possibly to someone inclined to finish the job themselves
Again, we understand your timeline and the specific situation of a bank owned property, as well as the specific information you will need - competing listings, neighborhood trends, and the like. You can bank on The Appraisal Shoppe, Inc. to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.