Call Florida East Coast Appraisers, LLC when you need appraisals of Indian River foreclosures

REO Appraisal in Indian River County

Properties in foreclosure and houses that have returned to the financial institution's holding create special appraisal difficulties.

You need to know the meanings of "market value" and a "quick disposition" value to know what losses you could have to endure when dealing with a home in foreclosure. At Florida East Coast Appraisers, LLC, we have the knowledge in both presenting snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line.

Florida East Coast Appraisers, LLC has the training to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Florida East Coast Appraisers, LLC.

Owners of homes in foreclosure, naturally, can present unique challenges. For example, they might be unwilling to allow an inspection of the house. If they deserted the property already, they might have not taken care of the home for quite some time - or worse, damaged the house.

If you're dealing with a house that has already returned to bank owned, you will interested in a quick disposition. But you may want to know and review three values: as-is, as repaired, and "quick sale". These correspond to:

  • The value of the home without any work performed
  • Value with the repairs necessary to make the house marketable at full market value - comparable with similar properties in the area
  • Somewhere in the middle, with minimal investment in repairs - to offload the property quickly, possibly as a "fixer-upper"
Again, we understand your urgency and the special circumstances of a Real Estate Owned house, as well as the unique data you'll need - competing listings, market trends, and the like. You can rely on Florida East Coast Appraisers, LLC to handle the appraisal of your REO with expertise and professionalism. Contact us today.