Call Viable Appraisals, LLC when you need appraisals regarding Anne Arundel foreclosures

Viable Appraisals, LLC is the company you should trust when it comes to bank owned properties in Annapolis, Maryland

There are various appraisal difficulties for a house in foreclosure or one that has reverted to the lender's holding.

For a home in foreclosure, you would be wise to recognize the gap between the market and a "quick disposition" price to know your probable charge-off liability. At Viable Appraisals, LLC, we have the training in both providing snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your urgency.

You need a company with the experience to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Viable Appraisals, LLC.

Occupants of property in foreclosure may be unwilling to allow an inspection of the house, thus presenting special challenges. Sometimes the homes have been ransacked, often at the hands of the former residents themselves. Or, it's likely you'll discover the previous owners have moved out or the home languishing in disrepair for extended periods of time.

If you're dealing with a house that has already reverted to REO, you will interested in a fast disposition. But you may want to know and analyze three values: as-is, as repaired, and "quick sale". These correspond to:

  • The value of the home without any work done to it
  • Possible value with the work needed to make the house marketable at full market value - consistent with competing houses in the area
  • With minimal investment in repairs - to get rid of the property quickly, probably to someone inclined to finish the job themselves
Again, we understand your urgency and the special situation of a Real Estate Owned home, in addition to the special data you will need - competing listings, market trends, and so forth. You can rely on Viable Appraisals, LLC to handle the appraisal of your REO professionally and efficiently. Contact us today.