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Call ADK Appraisal Services when you need appraisals for Seminole foreclosures

ADK Appraisal Services is experienced when you need appraisals for bank owned properties in the Metro Orlando area

Homes that have gone back to the financial institution's control and homes in foreclosure bring forth unique appraisal challenges.

For a property in foreclosure, you need to know the gap between market value and a "quick disposition" value to know your potential charge-off liability. ADK Appraisal Services has the knowledge in both presenting snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into consideration your time constraints.

The professionals at ADK Appraisal Services have the expertise to deal with the particular dynamics of a foreclosure appraisal. Contact ADK Appraisal Services for a company you can .

Special challenges may be present when dealing with owners of properties in foreclosure. They may be unwilling to allow an inspection of the property. They might have abandoned the house already and/or overlooked the care of the property for quite awhile - or gone as far as caused damage to the house.

 

For real estate that has gone back to REO, you probably will be interested in a speedy disposition. Regardless, you'll still want to consider three ways of figuring the value of the subject property:

  • As Repaired. Value with the work necessary to make the home marketable at full market value - consistent with other real estate in the neighborhood
  • As-is. The market value of the house without any repairs performed
  • Quick sale. Somewhere in between, with minor investment in repairs - to offload the property quickly, probably to someone who'd prefer to finish the job themselves
Again, we understand your timeline and the special circumstances of a Real Estate Owned house, in addition to the specific data you will need - competing listings, neighborhood trends, and the like. You can rely on ADK Appraisal Services to handle the appraisal of your REO with expertise and professionalism. Contact us today.