Call Associated Appraisers of Central Indiana LLC when you need valuations regarding Henry foreclosures

Associated Appraisers of Central Indiana LLC is experienced when it comes to bank owned properties in Henry County

There are specific appraisal challenges involved in a home in foreclosure or one that has gone back to the institution's holding.

For a house in foreclosure, you would be wise to understand the difference between the market value and a "quick disposition" to know your probable charge-off liability. The professionals at Associated Appraisers of Central Indiana LLC can provide both snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time constraints.

You need a company with the qualifications to work with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Associated Appraisers of Central Indiana LLC.

Unique challenges can be present when dealing with owners of houses in foreclosure. They might be unwilling to allow an inspection of the home. If they have abandoned the house already, they may have ignored the care of the property for some time - or unfortunately, caused damage to the property.

For a house that has reverted to REO, you typically will want to get rid of it quickly. But you might want to know and compare the definitions of "as-is", "as repaired", and "quick sale" values. These correspond to:

  • The value of the home without any work done to it
  • Value with the repairs needed to make the property marketable at full market value - consistent with competing real estate in the area
  • With minor investment in repairs - to offload the property quickly, seemingly to someone inclined to finish the job themselves
Again, we understand your time line and the specific situation of an REO house, in addition to the specific data you will need - competing listings, neighborhood trends, and the like. You can rely on Associated Appraisers of Central Indiana LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today.