Call PETERS APPRAISALS & CONSULTING to discuss appraisals pertaining to Lincoln foreclosures

Real Estate Owned and Foreclosure Appraisals in Lincoln County

There are various appraisal challenges involved in a property in foreclosure or one that has gone back to the bank's control.

When dealing with a house in foreclosure, you should ascertain market value versus a "quick disposition" price to evaluate your likely charge-off liability. The professionals at PETERS APPRAISALS & CONSULTING can provide both snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line.


	PETERS APPRAISALS & CONSULTING has the qualifications to handle the unique dynamics of a foreclosure appraisal. Contact PETERS APPRAISALS & CONSULTING for a company you can count on.

Unique challenges can be present when working with owners of houses in foreclosure. They may be uncooperative to allowing an inspection of the property. If they deserted the property already, they may have ignored the care of the house for quite some time - or even worse, ransacked the home.

If you're dealing with home that has already reverted to Real Estate Owned, you will interested in an expedited disposition. But you might want to understand and review three values: as-is, as repaired, and "quick sale". These correspond to:

The value of the property without any work performed
Possible value with the repairs required to make the property marketable at full market value - comparable with competing houses in the neighborhood

Somewhere in the middle, with minor investment in repairs - to get rid of the home quickly, most 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, as well as the specific data you will need - competing listings, neighborhood trends, and the like. You can count on PETERS APPRAISALS & CONSULTING to take on the task of your REO with expertise and professionalism. Contact us today.