profile picture
Call Appraisal House, Inc. when you need appraisals for Okaloosa foreclosures

Foreclosure and REO Appraisal in Okaloosa County

Properties that have gone back to the institution's possession and houses in foreclosure present unique appraisal problems.

When there is a house in foreclosure, it's important to ascertain the difference between fair market worth and "quick disposition" price to evaluate your probable charge-off liability. At Appraisal House, Inc., we have the knowledge in both presenting snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your urgency.

You need a company with the qualifications to deal with the unique dynamics of a foreclosure appraisal. Contact Appraisal House, Inc. for a company you can trust.

Owners of property in foreclosure, of course, can present particular challenges. They may be opposed to allowing an inspection of the home. Often the homes have been intentionally damaged, often by the residents. Or, it's likely you'll discover nobody has occupied the house for months or the home languishing in disrepair for long of time.

For real estate that has already changed to REO, you likewise will be interested in an expedited resolution . However, you might want to understand and compare three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs done to it, with the work required to make the home marketable at full market value appropriate with competing properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the unique situation of a Real Estate Owned house, as well as the unique data you will need -- competing listings, neighborhood trends, and the like. You can count on Appraisal House, Inc. to handle the appraisal of your REO professionally and efficiently. Contact us today.