Call Brian P Mocilnikar when you need valuations for Summit foreclosures

Brian P Mocilnikar is experienced when it comes to bank owned properties in northeast Ohio

Homes that have gone back to the financial institution's holding and homes in foreclosure create particular appraisal difficulties.

For a home in foreclosure, you might need to understand the difference between the fair market price and "quick disposition" to know your likely charge-off liability. At ivalu4u, LLC, we have the training in both producing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline.

Brian P Mocilnikar has the training to handle the specific dynamics of a foreclosure appraisal. Contact Brian P Mocilnikar for a company you can trust.

Owners of properties in foreclosure, of course, can present unique challenges. They could be opposed to allowing an inspection of the property. They might have moved out of the house already and/or ignored the care of the property for a long time - or even worse, vandalized the home.

You'll be interested in an expedited disposition if the home has already reverted to REO. So you may want to understand and review three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any work done to it, with the work called for to make the home marketable at full market value corresponding with similar real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your timeline and the unique situation of a Real Estate Owned house, in addition to the unique information you will need -- competing listings, market trends, and so forth. You can rely on Brian P Mocilnikar to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.