R. Scott Pierce Appraisal Services is experienced when you need appraisals for bank owned properties in Hattiesburg
Houses in foreclosure and properties that have returned to the bank's possession present various appraisal challenges.
For a home in foreclosure, you need to recognize the difference between fair market worth and "quick disposition" to know your probable charge-off liability. At R. Scott Pierce Appraisal Services, we have the experience in both providing snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your time constraints.
We have the expertise to work with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact R. Scott Pierce Appraisal Services.
Occupants of houses in foreclosure might be uncooperative to allowing an inspection of the property, thus presenting specific challenges. They could have abandoned the house already and/or ignored the care of the home for some time - or even worse, ransacked the property.
If your property has already changed to Real Estate Owned, you will interested in a quick disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any work performed, with the repairs needed to make the home marketable at full market value commensurate with the other real estate in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly to someone who'd rather finish the job themselves. Again, we understand your urgency and the specific situation of a bank owned home, in addition to the specific data you'll need -- competing listings, market trends, and the like. You can bank on R. Scott Pierce Appraisal Services to take on the appraisal of your REO professionally and efficiently. Contact us today.