The Brothers Company is a company you can trust when you need appraisals for foreclosures in middle Tennessee.Properties in foreclosure and houses that have reverted to the lender's possession present particular appraisal problems. For a property in foreclosure, you need to understand the gap between fair market price and "quick disposition" price to know your probable charge-off liability. The Brothers Company has the training in both providing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time line. We have the expertise to handle the unique dynamics of a foreclosure appraisal. For a company you can count on, contact The Brothers Company. Occupants of properties in foreclosure might be uncooperative to allowing an inspection of the home, thus presenting unique challenges. If they moved out of the property already, they may have neglected care of the home for some time - or worse, ransacked the house. If your house has already returned to REO, you will interested in a fast disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any repairs performed, with the repairs required to make the house marketable at full market value corresponding with the other houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the specific situation of an REO home, in addition to the unique data you will need -- competing listings, market trends, and the like. You can rely on The Brothers Company to handle the task of your bank owned property professionally and efficiently. Contact us today. |