John "Biff" Snyder is experienced when you need appraisals for foreclosures in Flushing

Houses that have reverted to the financial institution's ownership and properties in foreclosure create unique appraisal problems.

For a home in foreclosure, you may need to know the gap between the fair market worth and "quick disposition" to know your probable charge-off liability. At John "Biff" Snyder, we have the training in both providing snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your timeline.

John "Biff" Snyder has the qualifications to deal with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact John "Biff" Snyder.

Owners of homes in foreclosure, of course, can present unique challenges. They could be unwilling to allow an inspection of the home. If they have abandoned the house already, they might have not taken care of the home for awhile - or even worse, caused damage to the property.

You'll be interested in a quick disposition if the house has already gone back to REO. So you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work performed, with the repairs called for to make the house marketable at full market value commensurate with the other houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the unique situation of an REO property, in addition to the unique information you will need -- competing listings, market trends, and the like. You can count on John "Biff" Snyder to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.