![]() Touchstone Appraisal, LLC is a company you can trust when you need appraisals for bank owned properties in LeavenworthProperties in foreclosure and properties that have reverted to the bank's control bring forth specific appraisal challenges. For a property in foreclosure, you should recognize the gap between fair market and "quick disposition" worth to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your time line. You need a company who has the experience to deal with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Touchstone Appraisal, LLC. Owners of houses in foreclosure, of course, can present specific challenges. They may be opposed to allowing an inspection of the home. They might have deserted the house already and/or overlooked the care of the home for quite some time - or gone as far as damaged the property. For real estate that has gone back to Real Estate Owned, you probably will want it off your hands as quickly as possible . But you might want to know about and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work done to it, with the work needed to make the home marketable at full market value commensurate with the other houses in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly to someone who'd prefer to finish the job themselves. Again, we understand your time line and the special circumstances of a bank owned house, as well as the specific data you will need -- competing listings, market trends, and so forth. You can bank on Touchstone Appraisal, LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today. |