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Call Crest Appraisal Services when you need valuations pertaining to King foreclosures

Crest Appraisal Services is a company you can trust when it comes to bank owned properties in Seattle

There are special appraisal problems for a house in foreclosure or one that has returned to the lender's holding.

It's important to understand the difference between fair market worth and "quick disposition" value to evaluate what losses you could realize when dealing with a home in foreclosure. At Crest Appraisal Services, we have the training in both supplying snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your timeline.

The professionals at Crest Appraisal Services have the expertise to handle the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Crest Appraisal Services.

Owners of properties in foreclosure, of course, can present special challenges. They may be disinclined to allow an inspection of the home. Often the homes have been vandalized, unfortunately by the residents themselves. Or, it's likely you'll discover a house at least abandoned or the home languishing in disrepair for extended periods of time.

For real estate that has returned to bank owned, you probably will want to get rid of it quickly . But you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any work performed, with the repairs needed to make the home marketable at full market value appropriate with the other properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your urgency and the specific situation of a Real Estate Owned home, in addition to the special data you'll need -- competing listings, market trends, and so forth. You can count on Crest Appraisal Services to handle the appraisal of your REO with expertise and professionalism. Contact us today.