Call Appraisal Associates of Douglas County when you need appraisals on Douglas foreclosures

Foreclosure Appraisal in Douglas County

Properties in foreclosure and houses that have returned to the financial institution's possession create special appraisal difficulties.

You should know the meanings of "market value" and a "quick disposition" assessment to evaluate what losses you could realize when dealing with a house in foreclosure. At Appraisal Associates of Douglas County, we have the experience in both producing snapshots of market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that consider your urgency.

You need a company who has the experience to handle the specific dynamics of a foreclosure appraisal. Contact Appraisal Associates of Douglas County for a company you can count on.

Owners of property in foreclosure, of course, can present special challenges. For example, they might be disinclined to allow the appraiser access to the home. If they have abandoned the house already, they may have not taken care of the house for some time - or worse, damaged the property.

For a property that has already gone back to Real Estate Owned, you typically will want it off your hands as quickly as possible. Regardless, you'll still want to consider three angles for looking at the value of the real estate at hand:

  • As Repaired. Value with the repairs due to make the home marketable at full market value - comparable with competing real estate in the neighborhood
  • As-is. The market value of the property without any repairs done to it
  • Quick sale. Somewhere in the middle, with minor investment in repairs - to sell the property quickly, likely to someone who'd prefer to finish the job themselves
Again, we understand your urgency and the special situation of a Real Estate Owned home, in addition to the specific information you'll need - competing listings, neighborhood trends, and so forth. You can count on Appraisal Associates of Douglas County to take on the task of your REO with expertise and professionalism. Contact us today.