Janet Arbeter, Appraiser is experienced when it comes to bank owned properties in Chester County

For a house in foreclosure, you definitely need to know the difference between the market and a "quick disposition" to know your likely charge-off liability. At Janet Arbeter, Appraiser, we have the training in both providing snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that factor in your pressing needs.

	You need a company who has the training to handle the unique dynamics of a foreclosure appraisal. Contact Janet Arbeter, Appraiser for a company you can rely on.

Specific challenges can be present when working with owners of houses in foreclosure. They may be uncooperative to allowing an inspection of the home. If they left the house already, they might have ignored the care of the house for quite some time - or worse, ransacked the home.

For a home that has already returned to Real Estate Owned, you most likely will want it off your hands as quickly as possible. Regardless, you'll still want to consider three angles for looking at the value of the asset (or in some cases, liability):

As Repaired: Possible market value with the work called for to make the home marketable at full market value - commensurate with competing properties in the neighborhood

As-is: The value of the house without any repairs done to it

Quick sale: Somewhere in between, with minor investment in repairs - to get rid of the home quickly, most likely as a "fixer-upper"