Call Browne Real Estate Ventures when you need valuations regarding Anne Arundel foreclosures

Foreclosure Appraisal in Anne Arundel County

Houses in foreclosure and houses that have returned to the financial institution's ownership create various appraisal problems.

It's vital to understand the meanings of "market value" and a "quick disposition" assessment to evaluate what losses you stand to sustain when dealing with a house in foreclosure. At Browne Real Estate Ventures, we have the knowledge in both providing snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency.

You need a company who has the expertise to work with the particular dynamics of a foreclosure appraisal. Contact Browne Real Estate Ventures for a company you can rely on.

Occupants of property in foreclosure could be unwilling to allow an inspection of the house, thus presenting particular challenges. If they abandoned the home already, they may have ignored the care of the home for awhile - or worse, damaged the property.

You will be interested in a speedy disposition if the home has already returned to REO. So you need to know about and examine three values: "as-is", "as repaired", and "quick sale". These correspond to:

  • The value of the property without any work performed
  • Value with the repairs necessary to make the house marketable at full market value - in accordance with similar homes in the neighborhood
  • With minor investment in repairs - to sell the property quickly, seemingly as a "fixer-upper"
Again, we understand your urgency and the unique circumstances of a bank owned house, in addition to the unique information you'll need - competing listings, neighborhood trends, and so forth. You can count on Browne Real Estate Ventures to handle the task of your REO with expertise and professionalism. Contact us today.