Call THOMAS*ANDERSON, Appraisal & Consultants to order valuations of Leon foreclosures

REO and Foreclosure Appraisal in Leon County

There are particular appraisal challenges when we're talking about a home in foreclosure or one that has gone back to the financial institution's ownership.

It's vital to ascertain the meanings of "market value" and a "quick disposition" value to know your potential write-down liability when dealing with a property in foreclosure. The professionals at THOMAS*ANDERSON, Appraisal & Consultants can provide both snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into account your time constraints.


	We have the expertise to handle the special dynamics of a foreclosure appraisal. Contact THOMAS*ANDERSON, Appraisal & Consultants for a company you can count on.

Occupants of property in foreclosure might be disinclined to allow an inspection of the home, thus presenting special challenges. If they left the house already, they might have overlooked the care of the house for quite awhile - or even worse, ransacked the property.

For a property that has gone back to REO, you probably will be interested in an expedited resolution. Regardless, you'll still want to consider three angles for determining the value of the real estate at hand:

As Repaired. Possible market value with the repairs called for to make the home marketable at full market value - appropriate with other real estate in the neighborhood

As-is. The market value of the property without any work performed

Quick sale. With minimal investment in repairs - to offload the home quickly, seemingly to someone who'd rather finish the job themselves

Again, we understand your timeline and the specific situation of a bank owned house, as well as the specific information you'll need - competing listings, market trends, and so forth. You can count on THOMAS*ANDERSON, Appraisal & Consultants to take on the task of your REO with expertise and professionalism. Contact us today.