Call Camille McDonald & Associates when you need appraisals of Harrison foreclosures

Foreclosure Appraisals in Harrison County

Homes in foreclosure and properties that have reverted to the bank's holding present various appraisal challenges.

For a house in foreclosure, you definitely need to understand the gap between the market price and a "quick disposition" value to know your possible charge-off liability. We can provide both snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that take into consideration your time constraints.

We have the expertise to handle the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Camille McDonald & Associates.

Specific challenges can be present when working with owners of property in foreclosure. They might be disinclined to allow an inspection of the property. If they deserted the home already, they could have ignored the care of the property for awhile - or worse, damaged the home.

If you're dealing with a house that has returned to Real Estate Owned, you will interested in a speedy disposition. But you may want to understand and compare three values: as-is, as repaired, and "quick sale". These represent:

  • The value of the property without any repairs done to it
  • Possible value with the repairs required to make the property marketable at full market value - comparable with similar houses in the area
  • Somewhere in between, with minimal investment in repairs - to sell the property quickly, possibly as a "fixer-upper"
Again, we understand your timeline and the unique circumstances of a Real Estate Owned house, in addition to the special information you'll need - competing listings, neighborhood trends, and the like. You can bank on Camille McDonald & Associates to handle the task of your bank owned property with expertise and professionalism. Contact us today.