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Call Monir Moshashaie when you need valuations regarding Fairfax foreclosures

Monir Moshashaie is the company you should trust when it comes to foreclosures in Fairfax County

Properties 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.

You need a company who has the experience to handle the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Monir Moshashaie.

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:

  • The value of the house without any work done to it
  • Possible value with the repairs called for to make the property marketable at full market value - consistent with competing real estate in the neighborhood
  • With minimal investment in repairs - to get rid of the home quickly, seemingly to someone who'd rather finish the job themselves
Again, we understand your time line and the unique situation of a Real Estate Owned house, in addition to the specific data you'll need - competing listings, neighborhood trends, and so forth. You can rely on Monir Moshashaie to take on the task of your bank owned property professionally and efficiently. Contact us today.