Foreclosure Appraisals in Clackamas CountyThere are particular appraisal problems when we're talking about a property in foreclosure or one that has gone back to the financial institution's holding. It's important to recognize the difference between fair market value and "quick disposition" worth to know your probable write-down liability when dealing with a house in foreclosure. At Willamette Valley Appraisal Professionals, we have the training in both presenting snapshots of fair market value for our mortgage clients, as well as "quick sale" forecasts that understand your urgency. Willamette Valley Appraisal Professionals has the training to handle the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Willamette Valley Appraisal Professionals. Owners of houses in foreclosure, of course, can present particular challenges. They could be uncooperative to allowing an inspection of the property. Often the homes have been ransacked, unfortunately at the hands of the former residents themselves. Or, it's likely you'll discover a house at a minimum abandoned or the home neglected for long of time. If your house has returned to bank owned, you will interested in a speedy disposition. But 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 done to it, with the work required to make the home marketable at full market value commensurate with similar homes in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the unique situation of a Real Estate Owned house, in addition to the unique data you will need -- competing listings, neighborhood trends, and the like. You can count on Willamette Valley Appraisal Professionals to handle the task of your bank owned property with expertise and professionalism. Contact us today. |