Call Tri-County Appraisals to discuss valuations pertaining to Larimer foreclosures

REO Appraisal in Larimer County

There are special appraisal challenges involved in a home in foreclosure or one that has returned to the financial institution's ownership.

When dealing with a home in foreclosure, it's important to know the difference between fair market worth and "quick disposition" price to know your potential charge-off liability. At Tri-County Appraisals, we have the background in both supplying snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your timeline.

We have the qualifications to handle the unique dynamics of a foreclosure appraisal. Contact Tri-County Appraisals for a company you can count on.

Owners of houses in foreclosure, of course, can present special challenges. They may be opposed to allowing an inspection of the home. If they abandoned the property already, they may have ignored the care of the property for quite awhile - or even worse, ransacked the property.

If your home has already returned to Real Estate Owned, you will interested in a quick disposition. However, you may want to know and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any repairs performed, with the work necessary to make the property marketable at full market value corresponding with competing properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone who'd prefer to finish the job themselves. Again, we understand your time line and the special situation of a Real Estate Owned property, in addition to the special information you will need -- competing listings, market trends, and the like. You can count on Tri-County Appraisals to handle the appraisal of your REO professionally and efficiently. Contact us today.