Call Mike Noble Appraisals to order valuations on Elmore foreclosures

Mike Noble Appraisals is the company you should trust when it comes to foreclosures in Elmore County

Houses that have reverted to the bank's possession and properties in foreclosure bring forth unique appraisal problems.

For a house in foreclosure, you definitely need to know the difference between the market price and a "quick disposition" price to know your possible charge-off liability. Mike Noble Appraisals has the knowledge in both supplying snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your pressing needs.


	You need a company who has the training to deal with the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Mike Noble Appraisals.

Occupants of homes in foreclosure may be disinclined to allow an inspection of the home, thus presenting special challenges. They could have moved out of the home already and/or overlooked the care of the home for quite some time - or worse, caused damage to the property.

You will be interested in an expedited disposition if the house has already changed to bank owned. So you need to know about and review three values: "as-is", "as repaired", and "quick sale". These symbolize:

The value of the home without any repairs done to it
Value with the repairs due to make the property marketable at full market value - in accordance with competing properties in the area

With minor investment in repairs - to offload the property quickly, likely to someone who'd prefer to finish the job themselves

Again, we understand your time line and the unique circumstances of an REO home, as well as the special data you'll need - competing listings, neighborhood trends, and so forth. You can bank on Mike Noble Appraisals to take on the task of your bank owned property professionally and efficiently. Contact us today.