Call Alpine Appraisals when you need appraisals on Douglas foreclosures

Foreclosure and Real Estate Owned Appraisals in Douglas County

Houses in foreclosure and houses that have returned to the financial institution's possession bring forth unique appraisal challenges.

It's key to recognize the meanings of "market value" and a "quick disposition" assessment to know your probable write-down liability when dealing with a house in foreclosure. We can provide both snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line.

Alpine Appraisals has the experience to handle the special dynamics of a foreclosure appraisal. For a company you can trust, contact Alpine Appraisals.

Owners of houses in foreclosureunfortunately can present specific challenges. For example, they could be disinclined to allow an inspection of the home. Often the houses have been ransacked, often at the hands of the former residents. Or, it's common to discover nobody has occupied the house for months or the home languishing in disrepair for extended periods of time.

If you're dealing with a house that has already reverted to Real Estate Owned, you will interested in a quick disposition. However, you might want to know and review three values: as-is, as repaired, and "quick sale". These symbolize:

  • The value of the property without any repairs performed
  • Value with the work necessary to make the property marketable at full market value - appropriate with other homes in the area
  • With minimal investment in repairs - to get rid of the property quickly, possibly to someone who'd rather finish the job themselves
Again, we understand your urgency and the special situation of an REO house, as well as the special information you'll need - competing listings, neighborhood trends, and so forth. You can count on Alpine Appraisals to take on the task of your bank owned property with expertise and professionalism. Contact us today.

218-591-2777

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