Scheller and Associates, Inc. is experienced when it comes to foreclosures in Warrick CountyThere are specific appraisal problems when we're talking about a home in foreclosure or one that has returned to the institution's control.For a home in foreclosure, you definitely need to recognize the gap between market and a "quick disposition" to know your possible charge-off liability. Scheller and Associates, Inc. has the knowledge in both supplying snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your pressing needs.
Unique challenges can be present when dealing with owners of homes in foreclosure. They could be disinclined to allow an inspection of the home. They might have moved out of the house already and/or neglected care of the house for quite some time - or worse, ransacked the house.
You'll be interested in an expeditious disposition if the home has gone back to bank owned. So you may want to know about and review three values: "as-is", "as repaired", and "quick sale". These symbolize: |