![]() Mountain Home Properties is a company you can trust when you need appraisals for bank owned properties in Colorado SpringsReal Estate in foreclosure and houses that have returned to the bank's holding create unique appraisal problems. You need to know the difference between fair market price and "quick disposition" worth to evaluate what losses you could have to endure when dealing with a house in foreclosure. Mountain Home Properties has the experience in both presenting snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time line. You need a company with the expertise to work with the unique dynamics of a foreclosure appraisal. Contact Mountain Home Properties for a company you can rely on. Owners of homes in foreclosure, of course, can present particular challenges. They may be unwilling to allow an inspection of the property. They may have moved out of the home already and/or ignored the care of the home for a long time - or gone as far as caused damage to the home. If your property has already returned to bank owned, you will interested in a quick disposition. But you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs performed, with the work necessary to make the house marketable at full market value commensurate with competing properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your time line and the unique circumstances of a bank owned home, in addition to the unique data you will need -- competing listings, neighborhood trends, and the like. You can count on Mountain Home Properties to take on the task of your bank owned property professionally and efficiently. Contact us today. |