Call Peterson Appraisal Group to discuss appraisals pertaining to Placer foreclosures

Peterson Appraisal Group is experienced when you need appraisals for bank owned properties in Placer

There are particular appraisal challenges when it comes to a property in foreclosure or one that has reverted to the institution's holding.

For a house in foreclosure, you should know the difference between fair market worth and "quick disposition" value to know your possible charge-off liability. At Peterson Appraisal Group, we have the knowledge in both producing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time constraints.

The professionals at Peterson Appraisal Group have the qualifications to handle the special dynamics of a foreclosure appraisal. Contact Peterson Appraisal Group for a company you can trust.

Owners of property in foreclosure, of course, can present specific challenges. They may be unwilling to allow an inspection of the property. If they have abandoned the house already, they could have not taken care of the home for quite some time - or unfortunately, ransacked the home.

You'll be interested in a speedy disposition if the home has already reverted to bank owned. So you may want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the work necessary to make the house marketable at full market value appropriate with the other houses in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the special circumstances of a Real Estate Owned house, in addition to the specific information you will need -- competing listings, market trends, and the like. You can bank on Peterson Appraisal Group to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.