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Call Crest Appraisal Services when you need valuations pertaining to King foreclosures

Foreclosure and Real Estate Owned Appraisals in King County

Real Estate in foreclosure and properties that have returned to the bank's possession bring forth specific appraisal difficulties.

It's vital to understand the difference between fair market worth and "quick disposition" worth to know what losses you stand to realize when dealing with a home in foreclosure. At Crest Appraisal Services, we have the experience in both presenting snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline.

You need a company who has the experience to work with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Crest Appraisal Services.

Occupants of property in foreclosure might be unwilling to allow an inspection of the house, thus presenting unique challenges. Sometimes the houses have been vandalized, unfortunately by the former residents themselves. Or, it's likely you'll discover a house at a minimum abandoned or the home neglected for extended periods of time.

If your home has reverted to bank owned, you will interested in an expedited disposition. But you may want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any work performed, with the repairs due to make the home marketable at full market value commensurate with competing real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the specific situation of an REO home, as well as the specific data you'll need -- competing listings, neighborhood trends, and the like. You can rely on Crest Appraisal Services to take on the appraisal of your REO professionally and efficiently. Contact us today.