![]() H.M. Hoffman & Company is a company you can trust when you need appraisals for foreclosures in NarberthHouses in foreclosure and houses that have reverted to the financial institution's possession bring forth various appraisal challenges. When there is a house in foreclosure, you should know the difference between fair market price and "quick disposition" worth to know your probable charge-off liability. At H.M. Hoffman & Company, we have the knowledge in both producing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your urgency. You need a company who has the training to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact H.M. Hoffman & Company. Specific challenges might be present when working with owners of houses in foreclosure. They might be unwilling to allow an inspection of the home. They may have moved out of the property already and/or overlooked the care of the house for quite awhile - or worse, ransacked the house. For a home that has changed to bank owned, you probably will want it off your hands as quickly as possible . However, you might want to know and review three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work performed, with the work due to make the property marketable at full market value appropriate with competing homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your urgency and the unique circumstances of a Real Estate Owned home, as well as the specific data you will need -- competing listings, market trends, and the like. You can count on H.M. Hoffman & Company to take on the task of your bank owned property professionally and efficiently. Contact us today. |