Call Salt Lake Appraising Company when you need valuations for Salt Lake foreclosures

Salt Lake Appraising Company is a company you can trust when you need appraisals for foreclosures in Salt Lake

Properties in foreclosure and houses that have returned to the bank's possession present specific appraisal problems.

You need to understand the difference between fair market worth and "quick disposition" worth to analyze your likely write-down liability when dealing with a house in foreclosure. At Salt Lake Appraising Company, we have the experience in both producing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time constraints.

We have the qualifications to handle the special dynamics of a foreclosure appraisal. Contact Salt Lake Appraising Company for a company you can rely on.

Owners of properties in foreclosure, of course, can present unique challenges. They might be disinclined to allow an inspection of the home. They may have left the home already and/or ignored the care of the property for awhile - or worse, intentionally harmed the home.

You will be interested in a quick disposition if the house has already gone back to REO. So you need to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any work done to it, with the work due to make the property marketable at full market value consistent with competing properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the special situation of an REO house, in addition to the special information you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Salt Lake Appraising Company to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.