Real Estate Owned Appraisals in Monroe County

It's important to understand the meanings of "market value" and a "quick disposition" assessment to evaluate what losses you might have to endure when dealing with a house in foreclosure. A.C. Read Appraisal Service has the training in both supplying snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency.

	You need a company with the training to handle the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact A.C. Read Appraisal Service.

Particular challenges might be present when dealing with owners of houses in foreclosure. They could be opposed to allowing an inspection of the house. If they abandoned the house already, they may have not taken care of the house for quite awhile - or worse, damaged the property.

For real estate that has reverted to bank owned, you probably will be interested in an expedited resolution. But you may want to understand and compare three values - "as-is", "as repaired", and "quick sale". These represent:

• The value of the property without any repairs done to it
• Possible value with the repairs due to make the house marketable at full market value - comparable with similar real estate in the area
• With minor investment in repairs - to offload the property quickly, seemingly to someone inclined to finish the job themselves