Dexter Appraisal Services is the company you should trust when it comes to bank owned properties in Tippecanoe CountyProperties in foreclosure and houses that have gone back to the financial institution's possession bring forth particular appraisal challenges.
It's important to recognize the meanings of "market value" and a "quick disposition" price to evaluate your probable write-down liability when dealing with a home in foreclosure. We can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time constraints.
Occupants of homes in foreclosure may be opposed to allowing an inspection of the house, thus presenting special challenges. They might have left the home already and/or overlooked the care of the house for awhile - or unfortunately, damaged the house.
For real estate that has already gone back to Real Estate Owned, you probably will be seeking a speedy disposition. But you may want to know about and review the concepts of "as-is", "as repaired", and "quick sale" values. These correspond to: