Hill Appraisal Associates, LLC is a company you can trust when you need appraisals for bank owned properties in Montgomery
Real Estate in foreclosure and homes that have reverted to the institution's control present unique appraisal problems.
You should differentiate the difference between fair market price and "quick disposition" price to evaluate what losses you stand to sustain when dealing with a house in foreclosure. The professionals at Hill Appraisal Associates, LLC can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your timeline.
You need a company with the training to deal with the unique dynamics of a foreclosure appraisal. Contact Hill Appraisal Associates, LLC for a company you can trust.
Unique challenges might be present when working with owners of properties in foreclosure. They might be disinclined to allow an inspection of the property. They may have abandoned the property already and/or ignored the care of the house for some time - or in some cases damaged the home.
For real estate that has already returned to REO, you probably will be interested in a quick resolution . But you may want to understand and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any work done to it, with the repairs necessary to make the house marketable at full market value consistent with similar properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the special circumstances of a bank owned property, in addition to the unique data you will need -- competing listings, neighborhood trends, and so forth. You can bank on Hill Appraisal Associates, LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today.