Call K.W. APPRAISALS, LLC to order appraisals pertaining to Roscommon foreclosures

REO and Foreclosure Appraisals in Roscommon County

Houses that have reverted to the institution's control and homes in foreclosure bring forth particular appraisal challenges.

For a property in foreclosure, you need to know the difference between market value and a "quick disposition" price to know your possible charge-off liability. At K.W. APPRAISALS, LLC, we have the background in both furnishing snapshots of market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that factor in your pressing needs.

You need a company with the training to deal with the special dynamics of a foreclosure appraisal. For a company you can count on, contact K.W. APPRAISALS, LLC.

Specific challenges can be present when working with owners of houses in foreclosure. They could be uncooperative to allowing an inspection of the home. Sometimes the subjects have been vandalized, unfortunately by the former residents. Or, it's likely you'll discover a house at a minimum abandoned or the home languishing in disrepair for extended periods of time.

For real estate that has returned to Real Estate Owned, you typically will want it off your hands as quickly as possible. Regardless, you'll still want to consider three angles for looking at the value of the subject property:

  • As Repaired. Value with the repairs required to make the property marketable at full market value - commensurate with competing real estate in the area
  • As-is. The value of the house without any work performed
  • Quick sale. With minor investment in repairs - to sell the home quickly, seemingly as a "fixer-upper"
Again, we understand your urgency and the specific circumstances of a Real Estate Owned house, as well as the unique information you'll need - competing listings, market trends, and so forth. You can rely on K.W. APPRAISALS, LLC to handle the task of your bank owned property professionally and efficiently. Contact us today.