Foreclosure and REO Appraisals in Washington County

It's vital to differentiate the meanings of "market value" and a "quick disposition" price to know your potential write-down liability when dealing with a house in foreclosure. At LendPort Appraisals, Inc., we have the knowledge in both providing snapshots of market value for our mortgage clients, in addition to "quick sale" forecasts that factor in your pressing needs.

	The professionals at LendPort Appraisals, Inc. have the training to deal with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact LendPort Appraisals, Inc..

Unique challenges might be present when working with owners of houses in foreclosure. They might be unwilling to allow an inspection of the house. Sometimes the houses have been vandalized, unfortunately at the hands of the former residents. Or, it's common to find 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 reverted to REO, you will interested in a fast disposition. But you might want to know about and examine three values: as-is, as repaired, and "quick sale". These symbolize:

• The value of the home without any work done to it
• Possible value with the repairs called for to make the house marketable at full market value - consistent with other real estate in the area
• With minor investment in repairs - to sell the home quickly, likely as a "fixer-upper"