Crest Appraisal Services is experienced when you need appraisals for foreclosures in SeattleProperties in foreclosure and houses that have reverted to the lender's holding present various appraisal problems. You should ascertain the difference between fair market price and "quick disposition" price to know your potential charge-off liability when dealing with a house in foreclosure. At Crest Appraisal Services, we have the knowledge in both producing snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your time constraints. You need a company with the training to handle the special dynamics of a foreclosure appraisal. Contact Crest Appraisal Services for a company you can trust. Particular challenges may be present when working with owners of homes in foreclosure. They might be unwilling to allow an inspection of the home. If they moved out of the house already, they could have ignored the care of the home for some time - or unfortunately, caused damage to the home. For a home that has reverted to bank owned, you typically 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 correspond to the value of the house without any repairs done to it, with the repairs called for to make the home marketable at full market value consistent with competing properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone who'd rather finish the job themselves. Again, we understand your time line and the specific situation of an REO property, as well as the special data you will need -- competing listings, neighborhood trends, and so forth. You can count on Crest Appraisal Services to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |