Flagship Appraisal is experienced when you need appraisals for foreclosures in Burke, VirginiaHouses that have reverted to the bank's ownership and properties in foreclosure present unique appraisal challenges.For a house in foreclosure, you should know the gap between market and a "quick disposition" assessment to know your likely charge-off liability. Flagship Appraisal has the knowledge in both furnishing snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into account your time constraints.
Occupants of dwellings in foreclosure might be uncooperative to allowing an inspection of the property, thus presenting unique challenges. They might have left the home already and/or neglected care of the property for a long time - or even worse, intentionally harmed the house.
For real estate that has reverted to bank owned, you most likely will want it off your hands as quickly as possible. Regardless, you'll still want to consider three ways of looking at the value of the real estate at hand: |