Call MaxAppraisals, LLC to order appraisals regarding Richmond City foreclosures

MaxAppraisals, LLC is the company you should trust when you need appraisals for bank owned properties in Richmond, Virginia

Properties in foreclosure and houses that have returned to the bank's ownership present specific appraisal problems.

For a home in foreclosure, you should know the difference between the market and a "quick disposition" assessment to know your potential charge-off liability. At MaxAppraisals, LLC, we have the background in both producing snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that consider your pressing needs.

You need a company who has the qualifications to handle the particular dynamics of a foreclosure appraisal. Contact MaxAppraisals, LLC for a company you can count on.

Specific challenges can be present when dealing with owners of houses in foreclosure. They could be unwilling to allow an inspection of the property. If they left the home already, they might have ignored the care of the house for awhile - or worse, damaged the property.

If you're dealing with property that has already reverted to bank owned, you will interested in an expedited disposition. However, you might want to understand and compare three values: as-is, as repaired, and "quick sale". These correspond to:

  • The value of the home without any repairs performed
  • Value with the work due to make the house marketable at full market value - commensurate with similar properties in the area
  • Somewhere in between, with minor investment in repairs - to sell the home quickly, likely as a "fixer-upper"
Again, we understand your time line and the special circumstances of an REO home, as well as the special data you will need - competing listings, market trends, and the like. You can rely on MaxAppraisals, LLC to take on the task of your REO professionally and efficiently. Contact us today.