Call Pomeroy Appraisal Associates of Florida Inc. to order valuations regarding Volusia foreclosures

Pomeroy Appraisal Associates of Florida Inc. is the company you should trust when you need appraisals for foreclosures in Volusia and surrounding Counties, of Florida

Houses that have gone back to the financial institution's holding and houses in foreclosure create unique appraisal challenges.

 

It's key to ascertain the meanings of "market value" and a "quick disposition" assessment to analyze what losses you could realize when dealing with a property in foreclosure. The professionals at Pomeroy Appraisal Associates of Florida Inc. can provide both snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your urgency.

We have the experience to work with the special dynamics of a foreclosure appraisal. Contact Pomeroy Appraisal Associates of Florida Inc. for a company you can count on.

Owners of property in foreclosure, naturally, can present particular challenges. They might be opposed to allowing an inspection of the house. Often the houses show signs of vandalism, unfortunately by the residents. Or, it's likely you'll discover a house at least abandoned or the home languishing in disrepair for extended periods of time.

 

You will be interested in a quick disposition if the property has returned to bank owned. So you need to know about and analyze three values: "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the home without any work done to it
  • Value with the repairs due to make the house marketable at full market value - commensurate with competing houses in the area
  • With minor investment in repairs - to offload the home quickly, likely as a "fixer-upper"
Again, we understand your urgency and the unique circumstances of an REO property, as well as the special information you will need - competing listings, market trends, and so forth. You can bank on Pomeroy Appraisal Associates of Florida Inc. to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.