Richard Mulderick FVM Appraisals is experienced when you need appraisals for bank owned properties in Queen Annes County

For a property in foreclosure, you would be wise to know the difference between the market value and a "quick disposition" assessment to know your likely charge-off liability. At Richard Mulderick FVM Appraisals, we have the training in both presenting snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that factor in your time line.

	The professionals at Richard Mulderick FVM Appraisals have the experience to handle the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Richard Mulderick FVM Appraisals.

Owners of property in foreclosure, naturally, can present unique challenges: They might be uncooperative when it comes to allowing an inspection of the property. If they abandoned the property already, they may have ignored the care of the home for a long time - or worse, damaged the house.

You'll be interested in a quick disposition if the property has reverted to REO. So you need to know and examine three values: "as-is", "as repaired", and "quick sale". These correspond to:

• The value of the house without any repairs performed
• Possible value with the repairs due to make the home marketable at full market value - in accordance with similar real estate in the neighborhood
• With minimal investment in repairs - to offload the property quickly, most likely to someone inclined to finish the job themselves