Foreclosure Appraisals in Montgomery County

When there is a property in foreclosure, it's important to differentiate market value versus a "quick disposition" assessment to know your likely charge-off liability. We can provide both snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your time line.

	The professionals at Genesis Appraisal Services have the training to handle the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Genesis Appraisal Services.

Owners of houses in foreclosure, naturally, can present particular challenges: For example, they might be disinclined to allow the appraiser access to the house. Often the homes show signs of vandalism, unfortunately at the hands of the residents themselves. Or, it's likely you'll discover a house at least abandoned or the home neglected for long periods of time.

If you're dealing with home that has already gone back to Real Estate Owned, you will interested in an expeditious disposition. However, you might want to understand and compare three values: as-is, as repaired, and "quick sale". These represent:

• The value of the house without any repairs performed
• Value with the repairs necessary to make the property marketable at full market value - commensurate with other homes in the area
• With minor investment in repairs - to get rid of the property quickly, likely as a "fixer-upper"