Foreclosure Appraisals in Montgomery County

For a home in foreclosure, you should understand the gap between the market and a "quick disposition" assessment to know your probable charge-off liability. The professionals at Davis Appraisal Group can provide both snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line.

	The professionals at Davis Appraisal Group have the training to deal with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Davis Appraisal Group.

Specific challenges might be present when working with owners of homes in foreclosure. They might be unwilling to allow an inspection of the property. If they deserted the home already, they may have overlooked the care of the home for quite some time - or worse, damaged the home.

For real estate that has already changed to Real Estate Owned, you probably will be seeking a quick resolution. In any case, you'll still want to consider three ways of determining the value of the asset:

• As Repaired. Possible market value with the work needed to make the property marketable at full market value - appropriate with competing properties in the neighborhood
• As-is. The market value of the property without any work done to it
• Quick sale. Somewhere in the middle, with minor investment in repairs - to offload the property quickly, possibly as a "fixer-upper"