Call William Lemire (314)614-7250 when you need appraisals on Saint Louis foreclosures

Lemire Property Appraisal is experienced when it comes to foreclosures in Maryland Hts, Missouri

Properties in foreclosure and houses that have returned to the lender's possession present special appraisal difficulties.

When there is a home in foreclosure, it's important to differentiate market value versus a "quick disposition" price to know your probable charge-off liability. At Lemire Property Appraisal, we have the knowledge in both presenting snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time line.

The professionals at Lemire Property Appraisal have the training to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact William Lemire (314)614-7250.

Special challenges might be present when working with owners of houses in foreclosure. They could be uncooperative to allowing an inspection of the home. Sometimes the houses have been intentionally damaged, unfortunately by the residents. Or, it's likely you'll find the residents have moved out or the home neglected for long periods of time.

For a property that has changed to bank owned, you likewise will be interested in a fast disposition. However, you might want to know and review three values - "as-is", "as repaired", and "quick sale". These correspond to:

  • The value of the house without any repairs done to it
  • Possible value with the repairs called for to make the house marketable at full market value - comparable with similar real estate in the neighborhood
  • With minor investment in repairs - to offload the property quickly, most likely as a "fixer-upper"
Again, we understand your timeline and the unique circumstances of a bank owned home, in addition to the specific information you'll need - competing listings, neighborhood trends, and so forth. You can count on Lemire Property Appraisal to handle the task of your bank owned property with expertise and professionalism. Contact us today.