Call Absolute Appraisals Inc. to discuss appraisals regarding Weld foreclosures

Absolute Appraisals Inc. is the company you should trust when you need appraisals for bank owned properties in Greeley, Colorado

Houses that have gone back to the institution's ownership and homes in foreclosure create various appraisal problems.

It's important to recognize the meanings of "market value" and a "quick disposition" price to evaluate what losses you could realize when dealing with a house in foreclosure. At Absolute Appraisals Inc., we have the background in both providing snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that factor in your timeline.

You need a company who has the expertise to deal with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Absolute Appraisals Inc..

Particular challenges can be present when working with owners of houses in foreclosure. They might be unwilling to allow an inspection of the home. They may have moved out of the property already and/or overlooked the care of the home for quite some time - or unfortunately, caused damage to the home.

For a property that has reverted to bank owned, you most likely will be going for an expedited disposition. In any case, you'll still want to consider three ways of determining the value of the asset:

  • As Repaired. Value with the work required to make the house marketable at full market value - commensurate with similar houses in the neighborhood
  • As-is. The market value of the home without any work performed
  • Quick sale. With minor investment in repairs - to get rid of the home quickly, likely as a "fixer-upper"
Again, we understand your time line and the unique situation of a bank owned house, as well as the special information you'll need - competing listings, neighborhood trends, and so forth. You can rely on Absolute Appraisals Inc. to take on the task of your REO professionally and efficiently. Contact us today.