Call Robert J. Nelson, SRA to discuss appraisals regarding Hamilton foreclosures

Robert J. Nelson, SRA is experienced when it comes to foreclosures in Hamilton

Houses in foreclosure and properties that have gone back to the lender's ownership create various appraisal difficulties.

When there is a property in foreclosure, you should ascertain the difference between fair market worth and "quick disposition" price to know your probable charge-off liability. Robert J. Nelson, SRA has the background in both supplying snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time constraints.

Robert J. Nelson, SRA has the qualifications to deal with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Robert J. Nelson, SRA.

Occupants of in foreclosure may be unwilling to allow an inspection of the property, thus presenting special challenges. Sometimes the properties have been intentionally damaged, unfortunately by the former residents themselves. Or, it's common to discover the residents have moved out or the home languishing in disrepair for extended periods of time.

You'll be interested in an expeditious disposition if the house has already returned to Real Estate Owned. So you need to know and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any repairs performed, with the repairs necessary to make the property marketable at full market value comparable with competing real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the special circumstances of an REO house, in addition to the unique data you will need -- competing listings, neighborhood trends, and the like. You can count on Robert J. Nelson, SRA to take on the task of your bank owned property professionally and efficiently. Contact us today.