Call MAC Appraisals, LLC to order appraisals of Baltimore foreclosures

Foreclosure and REO Appraisal in Baltimore County

Properties in foreclosure and homes that have returned to the lender's ownership bring forth particular appraisal difficulties.

You should recognize the difference between fair market worth and "quick disposition" worth to know your likely charge-off liability when dealing with a property in foreclosure. At MAC Appraisals, LLC, we have the knowledge in both supplying snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency.

We have the training to deal with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact MAC Appraisals, LLC.

Owners of properties in foreclosure, of course, can present special challenges. They could be unwilling to allow an inspection of the house. If they left the home already, they might have not taken care of the property for awhile - or even worse, caused damage to the property.

If your property has gone back to REO, you will interested in an expedited disposition. However, you may want to understand and review three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work done to it, with the work due to make the home marketable at full market value corresponding with competing real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly to someone who'd rather finish the job themselves. Again, we understand your urgency and the specific situation of an REO property, as well as the special information you'll need -- competing listings, market trends, and so forth. You can bank on MAC Appraisals, LLC to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.