Call Herbert Martin when you need appraisals of Carroll foreclosures

Herbert Martin is experienced when you need appraisals for bank owned properties in Carroll County

Properties that have reverted to the institution's ownership and houses in foreclosure create unique appraisal challenges.

For a house in foreclosure, you should recognize the gap between the market and a "quick disposition" value to know your likely charge-off liability. At Herbert Martin, we have the experience in both supplying snapshots of market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your time line.


	We have the expertise to handle the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Herbert Martin.

Particular challenges might be present when working with owners of properties in foreclosure. They might be opposed to allowing an inspection of the property. They may have abandoned the home already and/or ignored the care of the property for quite some time - or gone as far as ransacked the home.

For real estate that has already returned to Real Estate Owned, you typically will want it off your hands as quickly as possible. Regardless, you'll still want to consider three ways of looking at the value of the real estate at hand:

As Repaired. Possible market value with the work necessary to make the property marketable at full market value - comparable with other real estate in the neighborhood

As-is. The value of the house without any work performed

Quick sale. Somewhere in between, with minimal investment in repairs - to offload the property quickly, most likely as a "fixer-upper"

Again, we understand your urgency and the unique circumstances of a Real Estate Owned house, as well as the specific information you'll need - competing listings, market trends, and the like. You can bank on Herbert Martin to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.