Call The Hohman Appraisal Company to discuss appraisals pertaining to Polk foreclosures

The Hohman Appraisal Company is the company you should trust when you need appraisals for foreclosures in WINTER HAVEN, Florida

There are unique appraisal challenges involved in a home in foreclosure or one that has gone back to the lender's control.

For a home in foreclosure, you need to recognize the gap between the market and a "quick disposition" value to know your likely charge-off liability. The professionals at The Hohman Appraisal Company can provide both snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your pressing needs.

You need a company with the expertise to deal with the unique dynamics of a foreclosure appraisal. Contact The Hohman Appraisal Company for a company you can rely on.

Unique challenges might be present when working with owners of property in foreclosure. They could be opposed to allowing an inspection of the home. If they deserted the house already, they may have ignored the care of the property for some time - or unfortunately, ransacked the property.

For a house that has returned to Real Estate Owned, you probably will be going for an expeditious resolution. However, you might want to understand and examine the definitions of "as-is", "as repaired", and "quick sale" values. These correspond to:

  • The value of the property without any repairs performed
  • Possible value with the repairs required to make the house marketable at full market value - comparable with other homes in the neighborhood
  • Somewhere in between, with minor investment in repairs - to get rid of the home quickly, possibly to someone inclined to finish the job themselves
Again, we understand your urgency and the specific situation of a Real Estate Owned home, as well as the specific information you'll need - competing listings, neighborhood trends, and the like. You can bank on The Hohman Appraisal Company to take on the appraisal of your REO professionally and efficiently. Contact us today.