Call Dattilo Appraisal & Realty Services to order appraisals on La Porte foreclosures

Foreclosure Appraisal in La Porte County

Homes in foreclosure and houses that have returned to the financial institution's possession bring forth various appraisal difficulties.

For a home in foreclosure, you should recognize the gap between market value and a "quick disposition" to know your probable charge-off liability. Dattilo Appraisal & Realty Services has the knowledge in both presenting snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time constraints.

The professionals at Dattilo Appraisal & Realty Services have the experience to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Dattilo Appraisal & Realty Services.

Occupants of homes in foreclosure might be opposed to allowing an inspection of the property, thus presenting special challenges. Often the properties show signs of vandalism, unfortunately 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 long periods of time.

For real estate that has already reverted to REO, you probably will be going for a fast disposition. But you might want to understand and analyze the concepts of "as-is", "as repaired", and "quick sale" values. These symbolize:

  • The value of the home without any work done to it
  • Possible value with the repairs required to make the home marketable at full market value - commensurate with other real estate in the area
  • With minimal investment in repairs - to get rid of the home quickly, probably as a "fixer-upper"
Again, we understand your time line and the special situation of an REO house, in addition to the special data you will need - competing listings, neighborhood trends, and the like. You can rely on Dattilo Appraisal & Realty Services to take on the task of your bank owned property with expertise and professionalism. Contact us today.