Monir Moshashaie is the company you should trust when it comes to foreclosures in Fairfax CountyProperties in foreclosure and homes that have returned to the lender's holding create unique appraisal problems.For a home in foreclosure, you need to know the gap between the market price and a "quick disposition" value to know your probable charge-off liability. We can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that take into account your time line.
Particular challenges might be present when working with owners of property in foreclosure. They could be disinclined to allow an inspection of the property. They might have deserted the house already and/or overlooked the care of the property for awhile - or in some cases intentionally harmed the property.
You'll be interested in a fast disposition if the property has already reverted to REO. So you need to know and review three values: "as-is", "as repaired", and "quick sale". These represent: |