Dedicated Appraisers, Inc. is experienced when you need appraisals for foreclosures in Miami, FloridaHouses that have gone back to the bank's ownership and homes in foreclosure create special appraisal problems.
For a house in foreclosure, you would be wise to know the gap between market and a "quick disposition" price to know your potential charge-off liability. At Dedicated Appraisers, Inc., we have the training in both providing snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that factor in your time line.
Occupants of houses in foreclosure could be unwilling to allow an inspection of the house, thus presenting particular challenges. If they left the property already, they might have overlooked the care of the home for quite some time - or unfortunately, caused damage to the house.
You will be interested in a fast disposition if the home has reverted to REO. So you might want to understand and examine three values: "as-is", "as repaired", and "quick sale". These represent: