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