Call Steve Pour & Associates, Inc. when you need appraisals pertaining to Montgomery foreclosures

Steve Pour & Associates, Inc. is the company you should trust when it comes to foreclosures in Rockville, Maryland

Properties that have reverted to the financial institution's control and properties in foreclosure present special appraisal challenges.

For a property in foreclosure, you should know the difference between market and a "quick disposition" price to know your possible charge-off liability. At Steve Pour & Associates, Inc., we have the knowledge in both supplying snapshots of market value for our mortgage clients, in addition to "quick sale" forecasts that consider your urgency.

You need a company with the experience to handle the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Steve Pour & Associates, Inc..

Owners of property in foreclosure can present unique challenges. They could be uncooperative when it comes to allowing us access to the property. Sometimes the subjects show signs of vandalism, unfortunately at the hands of the residents themselves. Or, it's likely you'll discover nobody has occupied the house for months or the home neglected for extended periods of time.

You'll be interested in an expeditious disposition if the home has returned to REO. So you might want to know and analyze three values: "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the property without any repairs performed
  • Possible value with the repairs required to make the property marketable at full market value - in accordance with other homes in the neighborhood
  • With minor investment in repairs - to offload the home quickly, most likely as a "fixer-upper"
Again, we understand your time line and the unique circumstances of a Real Estate Owned house, as well as the specific information you will need - competing listings, neighborhood trends, and the like. You can bank on Steve Pour & Associates, Inc. to take on the appraisal of your REO professionally and efficiently. Contact us today.