Call MEF Appraisal Group when you need valuations regarding Miami-Dade foreclosures

MEF Appraisal Group is the company you should trust when you need appraisals for foreclosures in Miami-Dade County

There are particular appraisal problems involved in a property in foreclosure or one that has gone back to the institution's possession.

For a property in foreclosure, you should understand the gap between the market value and a "quick disposition" value to know your possible charge-off liability. At MEF Appraisal Group, we have the knowledge in both furnishing snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your pressing needs.

You need a company who has the qualifications to deal with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact MEF Appraisal Group.

Owners of homes in foreclosure, of course, can present particular challenges: For example, they might be unwilling to allow an inspection of the property. They might have abandoned the home already and/or neglected care of the home for quite awhile - or worse, damaged the property.

If you're dealing with a house that has already gone back to REO, you will interested in a speedy disposition. But you might want to know and compare three values: as-is, as repaired, and "quick sale". These symbolize:

  • The value of the home without any repairs performed
  • Possible value with the repairs needed to make the property marketable at full market value - consistent with other real estate in the area
  • With minor investment in repairs - to sell the home quickly, probably to someone inclined to finish the job themselves
Again, we understand your time line and the special circumstances of a Real Estate Owned property, in addition to the unique data you'll need - competing listings, neighborhood trends, and the like. You can count on MEF Appraisal Group to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.