TK Valuations, Inc. is experienced when you need appraisals for foreclosures in Erie
Real Estate in foreclosure and properties that have gone back to the institution's holding create particular appraisal challenges.
For a house in foreclosure, you should know the difference between fair market worth and "quick disposition" value to know your probable charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time constraints.
You need a company who has the expertise to deal with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact TK Valuations, Inc..
Owners of properties in foreclosure, of course, can present specific challenges. They might be unwilling to allow an inspection of the home. If they moved out of the property already, they might have overlooked the care of the property for quite awhile - or unfortunately, caused damage to the house.
If your property has already gone back to bank owned, you will interested in a quick disposition. But you may want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any work done to it, with the work necessary to make the property marketable at full market value comparable with the other properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the specific circumstances of a bank owned property, as well as the unique information you will need -- competing listings, market trends, and so forth. You can count on TK Valuations, Inc. to take on the task of your REO professionally and efficiently. Contact us today.