Call Salt Lake Appraising Company when you need appraisals pertaining to Salt Lake foreclosures

Foreclosure Appraisal in Salt Lake County

Homes that have reverted to the financial institution's possession and properties in foreclosure bring forth unique appraisal difficulties.

When dealing with a house in foreclosure, it's important to understand the difference between fair market price and "quick disposition" value to analyze your possible charge-off liability. Salt Lake Appraising Company has the experience in both producing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your timeline.

We have the training to work with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Salt Lake Appraising Company.

Owners of houses in foreclosure might be uncooperative to allowing an inspection of the house, thus presenting particular challenges. If they moved out of the home already, they may have overlooked the care of the home for some time - or worse, damaged the property.

For real estate that has gone back to bank owned, you likewise will be going for a speedy 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 due to make the property marketable at full market value comparable with competing houses in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the special situation of an REO home, in addition to the specific information you'll need -- competing listings, neighborhood trends, and so forth. You can rely on Salt Lake Appraising Company to handle the appraisal of your REO professionally and efficiently. Contact us today.