
Foreclosure & Short Sales
SC Appraisal
Network is a leading provider of real estate appraisals for REO
foreclosures and short sale in the Middle Tennessee Area. We provide
high quality appraisals with detailed opinions of fair market value for
mortgage banks and mortgage servicing clients, as well as “quick sale”
forecasts that consider your specific timeline.
Our foreclosure and short sale appraisal services cater to the needs of
homeowners in default, banks with real estate owned properties (REOs),
mortgage lenders, HUD, FHA, law firms, loan service companies and other
financial institutions that make personal loans.
For real estate in foreclosure and bank owned real estate (REOs), you
need to know the difference between “fair market” value and “quick
disposition” value in order to determine the potential equity position
or charge-off liability. In an ever changing market, it is crucial to
know the fair market value in order to reduce non-performing inventory
of REO real estate.
Owners of real estate which are in foreclosure are faced with many
challenges. Some are unwilling to allow an inspection of the property or
if they’ve already abandoned the property, they may have neglected care
of the home for a period of time, or even purposely caused damage. We
have both the knowledge and experience to deal with the specific aspects
of foreclosures and short sales, which is why you can rely on our
reports to minimize your losses.