Call Real Value Residential Appraisal Services, LLC to order valuations of Multnomah foreclosures

REO Appraisal in Multnomah County

Houses in foreclosure and homes that have gone back to the financial institution's control create unique appraisal difficulties.

You should know the meanings of "market value" and a "quick disposition" assessment to know your potential charge-off liability when dealing with a house in foreclosure. Real Value Residential Appraisal Services, LLC has the training in both furnishing snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time line.

Real Value Residential Appraisal Services, LLC has the training to work with the particular dynamics of a foreclosure appraisal. Contact Real Value Residential Appraisal Services, LLC for a company you can count on.

Occupants of property in foreclosure could be opposed to allowing an inspection of the house, thus presenting unique challenges. Often the homes have been vandalized, often by the former residents. Or, it's common to discover a house at a minimum abandoned or the home languishing in disrepair for extended periods of time.

If you're dealing with property that has gone back to bank owned, you will interested in a quick disposition. However, you may want to know and review three values: as-is, as repaired, and "quick sale". These correspond to:

  • The value of the house without any work performed
  • Possible value with the repairs necessary to make the property marketable at full market value - appropriate with other homes in the neighborhood
  • With minimal investment in repairs - to get rid of the home quickly, probably as a "fixer-upper"
Again, we understand your time line and the special situation of a Real Estate Owned house, in addition to the unique information you'll need - competing listings, neighborhood trends, and so forth. You can count on Real Value Residential Appraisal Services, LLC to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.