Call Serviced Appraisals when you need appraisals of Saint Charles foreclosures

Serviced Appraisals is the company you should trust when it comes to bank owned properties in Saint Charles County

Houses that have gone back to the bank's ownership and properties in foreclosure bring forth unique appraisal difficulties.

It's important to recognize the meanings of "market value" and a "quick disposition" price to analyze what losses you might realize when dealing with a property in foreclosure. Serviced Appraisals has the background in both presenting snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your urgency.

You need a company who has the training to deal with the unique dynamics of a foreclosure appraisal. Contact Serviced Appraisals for a company you can count on.

Occupants of dwellings in foreclosure could be disinclined to allow an inspection of the property, thus presenting special challenges. Sometimes the properties show signs of vandalism, often at the hands of the residents themselves. Or, it's common to find the previous owners have moved out or the home neglected for extended periods of time.

For a property that has reverted to REO, you most likely will want it off your hands as quickly as possible. However, you may want to know and analyze three values - "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the house without any work done to it
  • Possible value with the work called for to make the house marketable at full market value - comparable with other homes in the area
  • Somewhere in between, with minimal investment in repairs - to offload the home quickly, seemingly as a "fixer-upper"
Again, we understand your urgency and the specific circumstances of a Real Estate Owned home, as well as the specific information you will need - competing listings, neighborhood trends, and the like. You can count on Serviced Appraisals to handle the task of your REO professionally and efficiently. Contact us today.