![]() Lynch Appraisals is a company you can trust when it comes to foreclosures in Estill SpringsThere are particular appraisal challenges for a property in foreclosure or one that has gone back to the financial institution's control. For a house in foreclosure, you may need to understand the difference between fair market worth and "quick disposition" worth to know your potential charge-off liability. At Lynch Appraisals, we have the training in both providing snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your urgency. Lynch Appraisals has the training to handle the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Lynch Appraisals. Owners of properties in foreclosure may be opposed to allowing an inspection of the home, thus presenting particular challenges. If they moved out of the home already, they could have ignored the care of the house for some time - or even worse, damaged the home. If your house has already changed to REO, you will interested in an expeditious disposition. But you may want to understand and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work performed, with the work due to make the home marketable at full market value commensurate with similar properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the special circumstances of a bank owned house, in addition to the unique information you will need -- competing listings, market trends, and so forth. You can rely on Lynch Appraisals to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |