TNT Appraisal MN is a company you can trust when it comes to bank owned properties in Red Wing
Properties that have reverted to the institution's control and properties in foreclosure present various appraisal difficulties.
It's important to understand the difference between fair market worth and "quick disposition" price to know your likely write-down liability when dealing with a home in foreclosure. TNT Appraisal MN has the experience in both presenting snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your timeline.
We have the expertise to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact TNT Appraisal MN.
Owners of property in foreclosure, of course, can present specific challenges. They might be disinclined to allow an inspection of the house. They may have abandoned the home already and/or overlooked the care of the property for awhile - or even worse, ransacked the property.
If your home has already changed to REO, you will interested in an expeditious disposition. But you may want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work performed, with the work necessary to make the home marketable at full market value consistent with competing houses in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the unique situation of an REO home, as well as the special information you will need -- competing listings, neighborhood trends, and so forth. You can count on TNT Appraisal MN to take on the appraisal of your REO with expertise and professionalism. Contact us today.