REO Appraisals in Pierce County
There are various appraisal challenges when it comes to a property in foreclosure or one that has reverted to the financial institution's control.
When dealing with a home in foreclosure, it's important to understand the difference between fair market price and "quick disposition" price to analyze your probable charge-off liability. Coulton Company Appraisals LLC has the training in both presenting snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time constraints.
You need a company who has the expertise to work with the specific dynamics of a foreclosure appraisal. Contact Coulton Company Appraisals LLC for a company you can count on.
Unique challenges might be present when working with owners of homes in foreclosure. They might be disinclined to allow an inspection of the home. They might have moved out of the home already and/or overlooked the care of the home for some time - or even worse, vandalized the house.
If your house has reverted to REO, you will interested in a fast disposition. However, you may want to know and examine three values: as-is, as repaired, and "quick sale." These represent the value of the property without any work performed, with the repairs required to make the property marketable at full market value commensurate with the other houses in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the special circumstances of a Real Estate Owned property, in addition to the special data you'll need -- competing listings, neighborhood trends, and the like. You can count on Coulton Company Appraisals LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today.