MNP Residential Appraisals LLC is experienced when it comes to bank owned properties in East Baton Rouge CountyHomes in foreclosure and properties that have reverted to the lender's ownership bring forth various appraisal problems.
It's important to recognize the meanings of "market value" and a "quick disposition" value to evaluate what losses you might realize when dealing with a house in foreclosure. We can provide both snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your urgency.
Owners of dwellings in foreclosure may be opposed to allowing an inspection of the house, thus presenting particular challenges. They could have abandoned the house already and/or neglected care of the house for quite awhile - or unfortunately, ransacked the property.
You'll be interested in a quick disposition if the home has already changed to bank owned. So you need to know and review three values: "as-is", "as repaired", and "quick sale". These represent: