Call DenverT Appraisal to order valuations on Moore foreclosures

Real Estate Owned and Foreclosure Appraisals in Moore County

Houses that have reverted to the bank's holding and homes in foreclosure bring forth unique appraisal problems.

When dealing with a home in foreclosure, it's important to differentiate the difference between fair market worth and "quick disposition" worth to know your potential charge-off liability. At DenverT Appraisal, we have the knowledge in both presenting snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time constraints.

You need a company with the experience to handle the particular dynamics of a foreclosure appraisal. For a company you can trust, contact DenverT Appraisal.

Unique challenges may be present when working with owners of homes in foreclosure. They might be unwilling to allow an inspection of the house. Often the properties have been vandalized, unfortunately by the residents themselves. Or, it's common to find the previous owners have moved out or the home languishing in disrepair for extended periods of time.

For a home that has already gone back to REO, you probably will want to get rid of it quickly . However, you might want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the value of the home without any repairs done to it, with the repairs necessary to make the house marketable at full market value commensurate with the other houses in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the special situation of an REO home, in addition to the specific information you'll need -- competing listings, market trends, and so forth. You can rely on DenverT Appraisal to handle the task of your REO professionally and efficiently. Contact us today.