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Call Space Coast Appraisal when you need valuations of Brevard foreclosures

Space Coast Appraisal is experienced when you need appraisals for foreclosures in Indian Harbour Beach

There are unique appraisal difficulties when we're talking about a home in foreclosure or one that has reverted to the institution's possession.

For a home in foreclosure, you may need to understand the gap between the fair market and "quick disposition" value to know your potential charge-off liability. Space Coast Appraisal has the training in both producing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your timeline.

You need a company with the training to deal with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Space Coast Appraisal.

Specific challenges may be present when working with owners of homes in foreclosure. They could be opposed to allowing an inspection of the house. Sometimes the houses have been ransacked, unfortunately by the former residents. Or, it's common to find nobody has lived in house for months or the home languishing in disrepair for extended periods of time.

If your house has already gone back to bank owned, you will interested in an expedited disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work performed, with the repairs required to make the property marketable at full market value commensurate with the other real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your timeline and the special circumstances of a bank owned house, in addition to the specific data you will need -- competing listings, neighborhood trends, and so forth. You can bank on Space Coast Appraisal to handle the task of your REO professionally and efficiently. Contact us today.