Call Appraising UTAH LLC to discuss valuations of Iron foreclosures

Foreclosure and Real Estate Owned Appraisal in Iron County

Properties that have gone back to the institution's holding and properties in foreclosure create unique appraisal difficulties.

You should recognize the meanings of "market value" and a "quick disposition" assessment to evaluate your probable charge-off liability when dealing with a house in foreclosure. The professionals at Appraising UTAH LLC can provide both snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your time line.

You need a company who has the qualifications to work with the unique dynamics of a foreclosure appraisal. Contact Appraising UTAH LLC for a company you can count on.

Owners of property in foreclosure, naturally, can present special challenges. They might be disinclined to allow us access to the home. If they deserted the property already, they may have neglected care of the home for quite awhile - or worse, ransacked the house.

You'll be interested in a fast disposition if the property has already returned to REO. So you may want to understand and compare three values: "as-is", "as repaired", and "quick sale". These correspond to:

  • The value of the property without any repairs done to it
  • Possible value with the repairs necessary to make the property marketable at full market value - consistent with similar properties in the neighborhood
  • Somewhere in between, with minor investment in repairs - to sell the home quickly, likely as a "fixer-upper"
Again, we understand your time line and the specific situation of an REO home, in addition to the specific information you will need - competing listings, market trends, and so forth. You can bank on Appraising UTAH LLC to take on the task of your bank owned property with expertise and professionalism. Contact us today.

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