Call Accurate Assessments, LLC when you need appraisals pertaining to Saint Louis foreclosures

REO and Foreclosure Appraisals in Saint Louis County

Properties that have returned to the institution's holding and homes in foreclosure present particular appraisal challenges.

You should understand the meanings of "market value" and a "quick disposition" assessment to analyze what losses you might realize when dealing with a home in foreclosure. Accurate Assessments, LLC has the training in both presenting snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into consideration your time constraints.

We have the qualifications to work with the unique dynamics of a foreclosure appraisal. Contact Accurate Assessments, LLC for a company you can trust.

Owners of properties in foreclosure can present particular challenges. For example, they could be opposed to allowing us access to the property. If they have abandoned the property already, they might have overlooked the care of the house for quite awhile - or worse, damaged the house.

You will be interested in an expeditious disposition if the property has gone back to bank owned. So you need to know about and review three values: "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the home without any repairs done to it
  • Possible value with the work due to make the house marketable at full market value - consistent with other houses in the neighborhood
  • With minor investment in repairs - to get rid of the home quickly, probably to someone inclined to finish the job themselves
Again, we understand your time line and the specific circumstances of a Real Estate Owned home, in addition to the special data you will need - competing listings, neighborhood trends, and so forth. You can bank on Accurate Assessments, LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today.