Herrenbruck Appraisals, LLC is experienced when it comes to bank owned properties in Milwaukee CountyProperties in foreclosure and homes that have gone back to the financial institution's ownership bring forth special appraisal challenges.For a property in foreclosure, you would be wise to know the difference between the market price and a "quick disposition" price to know your potential charge-off liability. At Herrenbruck Appraisals, LLC, we have the experience in both presenting snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that consider your urgency.
Unique challenges can be present when working with owners of houses in foreclosure. They may be disinclined to allow an inspection of the house. They might have left the house already and/or neglected care of the home for quite awhile - or in some cases intentionally harmed the house.
For real estate that has changed to Real Estate Owned, you probably will be going for a quick resolution. Regardless, you'll still want to consider three ways of figuring the value of the real estate at hand: |