Call 2 Rivers Appraisal Services, LLC. when you need appraisals on Saint Charles foreclosures

Real Estate Owned Appraisals in Saint Charles County

There are particular appraisal problems regarding a house in foreclosure or one that has reverted to the bank's holding.

When there is a home in foreclosure, you should ascertain market value versus a "quick disposition" assessment to evaluate your likely charge-off liability. At 2 Rivers Appraisal Services, LLC., we have the training in both providing snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that consider your time line.

2 Rivers Appraisal Services, LLC. has the expertise to handle the unique dynamics of a foreclosure appraisal. Contact 2 Rivers Appraisal Services, LLC. for a company you can rely on.

Special challenges may be present when dealing with owners of homes in foreclosure. They could be disinclined to allow an inspection of the property. They could have abandoned the home already and/or overlooked the care of the house for awhile - or in some cases ransacked the house.

For real estate that has reverted to Real Estate Owned, you probably will be interested in a speedy disposition. In any case, you'll still want to consider three ways of figuring the value of the real estate at hand:

  • As Repaired. Possible market value with the repairs called for to make the house marketable at full market value - commensurate with competing houses in the neighborhood
  • As-is. The value of the property without any work done to it
  • Quick sale. Somewhere in the middle, with minimal investment in repairs - to get rid of the property quickly, likely as a "fixer-upper"
Again, we understand your urgency and the unique situation of a Real Estate Owned home, in addition to the specific data you will need - competing listings, market trends, and so forth. You can rely on 2 Rivers Appraisal Services, LLC. to take on the appraisal of your REO with expertise and professionalism. Contact us today.

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