Crest Appraisal Services is a company you can trust when it comes to foreclosures in King
There are various appraisal challenges involved in a house in foreclosure or one that has reverted to the financial institution's control.
It's vital to ascertain the difference between fair market value and "quick disposition" worth to analyze what losses you might have to endure when dealing with a property in foreclosure. Crest Appraisal Services has the background in both supplying snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line.
You need a company with the qualifications to work with the special dynamics of a foreclosure appraisal. Contact Crest Appraisal Services for a company you can rely on.
Owners of properties in foreclosure, of course, can present special challenges. They may be opposed to allowing an inspection of the home. If they abandoned the house already, they may have overlooked the care of the home for awhile - or worse, ransacked the home.
You will be interested in a quick disposition if the property has already reverted to Real Estate Owned. So you may want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any work done to it, with the work called for to make the house marketable at full market value appropriate with competing properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the unique situation of a Real Estate Owned house, as well as the unique information you will need -- competing listings, market trends, and so forth. You can rely on Crest Appraisal Services to take on the appraisal of your REO with expertise and professionalism. Contact us today.