REO Appraisal in Linn, Benton, Marion, Polk, and Lane CountiesThere are various appraisal problems when it comes to a property in foreclosure or one that has gone back to the institution's ownership. It's key to differentiate the difference between fair market price and "quick disposition" value to know your likely charge-off liability when dealing with a house in foreclosure. Willamette Valuations, LLC has the experience in both producing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your timeline. We have the expertise to deal with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Willamette Valuations, LLC. Specific challenges can be present when dealing with owners of property in foreclosure. They may be opposed to allowing an inspection of the house. Sometimes the subjects have been vandalized, often by the former residents. Or, it's likely you'll find a house at least abandoned or the home languishing in disrepair for extended periods of time. For a house that has reverted to Real Estate Owned, you probably will be going for a quick resolution . But you might want to know and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any repairs performed, with the work due to make the home marketable at full market value consistent with competing properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique circumstances of an REO house, in addition to the special information you'll need -- competing listings, neighborhood trends, and the like. You can bank on Willamette Valuations, LLC to handle the task of your REO professionally and efficiently. Contact us today. |