![]() Peterson Appraisal Group is a company you can trust when you need appraisals for foreclosures in PlacerHouses that have gone back to the bank's holding and properties in foreclosure create particular appraisal challenges. When there is a property in foreclosure, you should differentiate the difference between fair market worth and "quick disposition" value to analyze your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into consideration your time constraints. We have the qualifications to work with the particular dynamics of a foreclosure appraisal. Contact Peterson Appraisal Group for a company you can count on. Unique challenges may be present when dealing with owners of houses in foreclosure. They could be disinclined to allow an inspection of the property. If they moved out of the home already, they might have overlooked the care of the property for a long time - or worse, ransacked the property. If your home has already reverted to bank owned, you will interested in an expedited disposition. But you may want to know 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 needed to make the home marketable at full market value appropriate with the other real estate in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the special circumstances of an REO property, in addition to the special data you will need -- competing listings, market trends, and so forth. You can count on Peterson Appraisal Group to take on the task of your REO with expertise and professionalism. Contact us today. |