Crest Appraisal Services is experienced when you need appraisals for bank owned properties in Seattle
Houses in foreclosure and homes that have gone back to the bank's ownership create unique appraisal difficulties.
For a house in foreclosure, you should know the difference between fair market price and "quick disposition" value to know your likely charge-off liability. Crest Appraisal Services has the experience in both providing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line.
We have the experience to deal with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Crest Appraisal Services.
Occupants of homes in foreclosure might be disinclined to allow an inspection of the property, thus presenting particular challenges. If they left the house already, they may have neglected care of the house for some time - or unfortunately, ransacked the property.
You will be interested in a fast disposition if the home has returned to bank owned. So you might want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the work due to make the home marketable at full market value appropriate with competing real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your timeline and the unique situation of a bank owned property, as well as the unique information you will need -- competing listings, neighborhood trends, and so forth. You can count on Crest Appraisal Services to take on the task of your bank owned property professionally and efficiently. Contact us today.