Call GOLDEN APPRAISALS, LLC to discuss valuations of Deschutes foreclosures

REO and Foreclosure Appraisal in Deschutes County

Properties in foreclosure and homes that have returned to the financial institution's ownership bring forth special appraisal difficulties.

For a property in foreclosure, you need to recognize the difference between market value and a "quick disposition" price to know your probable charge-off liability. At GOLDEN APPRAISALS, LLC, we have the background in both providing snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that consider your time constraints.

You need a company with the qualifications to deal with the particular dynamics of a foreclosure appraisal. Contact GOLDEN APPRAISALS, LLC for a company you can trust.

Occupants of dwellings in foreclosure could be opposed to allowing an inspection of the property, thus presenting special challenges. Often the subjects have been intentionally damaged, unfortunately at the hands of the former residents themselves. Or, it's likely you'll find nobody has occupied the house for months or the home neglected for long periods of time.

For real estate that has already reverted to Real Estate Owned, you likewise will be going for an expeditious resolution. Regardless, you'll still want to consider three angles for figuring the value of the subject property:

  • As Repaired. Value with the repairs necessary to make the house marketable at full market value - consistent with other houses in the neighborhood
  • As-is. The market value of the home without any repairs performed
  • Quick sale. With minimal investment in repairs - to get rid of the home quickly, likely to someone inclined to finish the job themselves
Again, we understand your urgency and the specific situation of an REO property, as well as the specific data you'll need - competing listings, market trends, and the like. You can bank on GOLDEN APPRAISALS, LLC to handle the appraisal of your REO with expertise and professionalism. Contact us today.