Call JM Real Estate Service when you need appraisals pertaining to Cook foreclosures

JM Real Estate Service is a company you can trust when it comes to foreclosures in Palatine

Properties in foreclosure and homes that have returned to the lender's possession present unique appraisal challenges.

When there is a property in foreclosure, it's important to ascertain the difference between fair market worth and "quick disposition" value to evaluate your potential charge-off liability. JM Real Estate Service has the knowledge in both providing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time constraints.

JM Real Estate Service has the qualifications to deal with the unique dynamics of a foreclosure appraisal. Contact JM Real Estate Service for a company you can count on.

Owners of homes in foreclosure may be uncooperative to allowing an inspection of the house, thus presenting particular challenges. Often the houses have been vandalized, often by the former residents themselves. Or, it's common to find nobody has occupied the house for months or the home languishing in disrepair for long of time.

For a house that has changed to Real Estate Owned, you most likely will want it off your hands as quickly as possible . But you might want to know and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any work performed, with the repairs needed to make the home marketable at full market value consistent with competing homes in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your urgency and the specific situation of an REO home, in addition to the special data you'll need -- competing listings, market trends, and the like. You can rely on JM Real Estate Service to take on the task of your REO with expertise and professionalism. Contact us today.