Call N.W. Appraisal Network when you need valuations for Clatsop foreclosures

Foreclosure and Real Estate Owned Appraisal in Clatsop County

There are special appraisal problems for a property in foreclosure or one that has gone back to the lender's control.

It's vital to differentiate the meanings of "market value" and a "quick disposition" price to analyze your likely charge-off liability when dealing with a property in foreclosure. At N.W. Appraisal Network, we have the experience in both producing snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that consider your pressing needs.

N.W. Appraisal Network has the qualifications to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact N.W. Appraisal Network.

Owners of houses in foreclosureunfortunately can present particular challenges. They may be opposed to allowing an inspection of the property. They may have abandoned the property already and/or neglected care of the property for some time - or in some cases ransacked the house.

For a home that has already changed to Real Estate Owned, you typically will want to get rid of it quickly. But you may want to know about and analyze three values - "as-is", "as repaired", and "quick sale". These represent:

  • The value of the property without any work performed
  • Possible value with the work required to make the property marketable at full market value - commensurate with similar homes in the area
  • Somewhere in the middle, with minor investment in repairs - to sell the property quickly, most likely to someone who'd prefer to finish the job themselves
Again, we understand your timeline and the unique circumstances of a Real Estate Owned home, in addition to the special information you will need - competing listings, market trends, and so forth. You can count on N.W. Appraisal Network to take on the task of your REO with expertise and professionalism. Contact us today.