Foreclosure Appraisal

For a property in foreclosure, you definitely need to know the difference between the market value and a "quick disposition" value to know your probable charge-off liability. At Alpha Valuations, we have the background in both presenting snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that consider your timeline.

	The professionals at Alpha Valuations have the qualifications to handle the special dynamics of a foreclosure appraisal. Contact Alpha Valuations for a company you can rely on.

Owners of houses in foreclosure, naturally, can present unique challenges. They might be combative when it comes to allowing an inspection of the home. Sometimes the houses show signs of vandalism, unfortunately at the hands of the former residents. Or, it's common to discover the residents have moved out or the home languishing in disrepair for extended periods of time.

For a property that has returned to bank owned, you most likely will be interested in a quick disposition. In any case, you'll still want to consider three angles for determining the value of the real estate at hand:

• As Repaired. Value with the work needed to make the house marketable at full market value - comparable with other properties in the neighborhood
• As-is. The value of the home without any repairs done to it
• Quick sale. With minor investment in repairs - to offload the home quickly, most likely to someone who'd prefer to finish the job themselves