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Call ASK Real Estate Services when you need valuations regarding Cook foreclosures

ASK Real Estate Services is the company you should trust when it comes to bank owned properties in Oak Park, Illinois

Homes that have gone back to the financial institution's holding and houses in foreclosure bring forth specific appraisal challenges.

For a home in foreclosure, you should understand the gap between market value and a "quick disposition" to know your possible charge-off liability. At ASK Real Estate Services, we have the background in both presenting snapshots of market value for our mortgage clients, as well as "quick sale" forecasts that factor in your urgency.

The professionals at ASK Real Estate Services have the qualifications to handle the unique dynamics of a foreclosure appraisal. Contact ASK Real Estate Services for a company you can rely on.

Special challenges can be present when dealing with owners of property in foreclosure. They may be disinclined to allow an inspection of the property. They may have moved out of the property already and/or ignored the care of the home for a long time - or in some cases caused damage to the property.

You will be interested in a quick disposition if the property has gone back to Real Estate Owned. So you may want to know about and examine three values: "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the property without any work performed
  • Possible value with the repairs needed to make the property marketable at full market value - appropriate with competing houses in the area
  • With minor investment in repairs - to sell the property quickly, seemingly to someone who'd prefer to finish the job themselves
Again, we understand your urgency and the special situation of a Real Estate Owned property, as well as the specific data you'll need - competing listings, neighborhood trends, and so forth. You can count on ASK Real Estate Services to handle the task of your bank owned property with expertise and professionalism. Contact us today.