Pomeroy Appraisal Associates of Florida Inc. is the company you should trust when you need appraisals for foreclosures in Volusia and surrounding Counties, of FloridaHouses that have gone back to the financial institution's holding and houses in foreclosure create unique appraisal challenges.
It's key to ascertain the meanings of "market value" and a "quick disposition" assessment to analyze what losses you could realize when dealing with a property in foreclosure. The professionals at Pomeroy Appraisal Associates of Florida Inc. can provide both snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your urgency.
Owners of property in foreclosure, naturally, can present particular challenges. They might be opposed to allowing an inspection of the house. Often the houses show signs of vandalism, unfortunately by the residents. Or, it's likely you'll discover a house at least abandoned or the home languishing in disrepair for extended periods of time.
You will be interested in a quick disposition if the property has returned to bank owned. So you need to know about and analyze three values: "as-is", "as repaired", and "quick sale". These symbolize: