Foreclosure Appraisal in Cook County

It's key to differentiate the meanings of "market value" and a "quick disposition" value to analyze your probable write-down liability when dealing with a house in foreclosure. Optimum Appraisal Inc. has the knowledge in both providing snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your pressing needs.

	You need a company with the training to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Optimum Appraisal Inc..

Particular challenges might be present when dealing with owners of properties in foreclosure. They could be unwilling to allow an inspection of the house. If they left the property already, they could have overlooked the care of the property for awhile - or unfortunately, damaged the house.

For a home that has already reverted to Real Estate Owned, you likewise will be going for a quick disposition. Regardless, you'll still want to consider three angles for looking at the value of the subject property:

• As Repaired. Possible market value with the repairs called for to make the home marketable at full market value - commensurate with other real estate in the area
• As-is. The market value of the property without any work performed
• Quick sale. With minimal investment in repairs - to get rid of the home quickly, likely to someone who'd prefer to finish the job themselves