Call Matthew Berry when you need valuations of Jefferson foreclosures

Real Estate Owned Appraisals in Jefferson County

Properties in foreclosure and homes that have returned to the lender's control present various appraisal problems.

You need to know the meanings of "market value" and a "quick disposition" value to know your likely charge-off liability when dealing with a home in foreclosure. Matthew Berry has the experience in both producing snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into consideration your time line.

We have the training to work with the particular dynamics of a foreclosure appraisal. Contact Matthew Berry for a company you can .

Owners of property in foreclosure, naturally, can present particular challenges. They could be unwilling to allow an inspection of the property. They may have left the home already and/or neglected care of the house for awhile - or gone as far as intentionally harmed the house.

If you're dealing with home that has already changed to Real Estate Owned, you will interested in an expedited disposition. However, you may want to know and analyze three values: as-is, as repaired, and "quick sale". These symbolize:

  • The value of the home without any repairs done to it
  • Possible value with the work due to make the house marketable at full market value - in accordance with similar houses in the area
  • With minor investment in repairs - to offload the home quickly, likely as a "fixer-upper"
Again, we understand your urgency and the specific circumstances of a bank owned home, in addition to the special data you will need - competing listings, market trends, and the like. You can count on Matthew Berry to take on the task of your REO with expertise and professionalism. Contact us today.