![]() JAAB Ventures Inc. is experienced when it comes to foreclosures inThere are particular appraisal problems for a house in foreclosure or one that has returned to the lender's possession. When dealing with a property in foreclosure, it's important to recognize the difference between fair market value and "quick disposition" value to know your likely charge-off liability. At JAAB Ventures Inc., we have the knowledge in both providing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline. You need a company with the experience to deal with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact JAAB Ventures Inc.. Owners of dwellings in foreclosure could be disinclined to allow an inspection of the home, thus presenting specific challenges. They may have moved out of the house already and/or overlooked the care of the house for a long time - or even worse, intentionally harmed the house. If your property has reverted to bank owned, you will interested in a fast disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any repairs done to it, with the repairs required to make the house marketable at full market value consistent with similar houses in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your urgency and the specific situation of a Real Estate Owned property, in addition to the special information you'll need -- competing listings, market trends, and so forth. You can rely on JAAB Ventures Inc. to take on the appraisal of your REO professionally and efficiently. Contact us today. |