Pre-Foreclosure, REO’s, & Short Sales
Premier Appraisal Services of Tallahassee is a leading provider of real estate appraisals for REO foreclosures and short sales throughout the greater Tallahassee area. We provide high quality real estate appraisals with detailed opinions of fair market value for mortgage banks, and mortgage servicing clients as well as “quick sale” forecasts that consider your specific timeline.
Our foreclosure and short sale appraisal services cater to the needs of homeowners in default, banks with real estate owned properties (REOs), mortgage lenders, HUD, FHA, law firms, loan service companies and other financial institutions that make residential loans.
Owners of real estate which are in foreclosure are faced with many challenges. Some are unwilling to allow an inspection of the property, or if they have already abandoned the property, they may have neglected care of the home for a period of time, or even purposely caused damage.
We have both the knowledge and experience to deal with the specific aspects of foreclosures and short sales, which is why you can rely on our reports to minimize your losses.
Give us a call today with any questions you might have and also check out our Testimonial page to see what others are saying about Premier Appraisal Services of Tallahassee.
A pre-foreclosure appraisal helps determine the property’s current market value before it goes into foreclosure. This valuation is crucial for lenders, homeowners, and potential buyers involved in the pre-foreclosure process.
An appraisal in the REO process provides an accurate valuation of a property repossessed by a lender. It helps determine the fair market value, facilitating the sale of the property and minimizing potential losses for the lender.
- A real estate appraisal is vital for short sales as it provides an unbiased valuation of the property. This valuation aids in setting a reasonable asking price, supporting negotiations with lenders, and expediting the short sale process.
Appraisers consider various factors in distressed property appraisals, including the property’s condition, comparable sales in the area, any damages or needed repairs, and the impact of the distressed market on the property’s value.