Call Associated Independent Appraisers to discuss valuations of Marion foreclosures

Associated Independent Appraisers is the company you should trust when it comes to bank owned properties in Salem, Oregon

There are special appraisal problems when we're talking about a home in foreclosure or one that has gone back to the financial institution's possession.

It's key to know the meanings of "market value" and a "quick disposition" assessment to know your probable charge-off liability when dealing with a house in foreclosure. Associated Independent Appraisers has the knowledge in both furnishing snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your time constraints.

The professionals at Associated Independent Appraisers have the experience to handle the special dynamics of a foreclosure appraisal. Contact Associated Independent Appraisers for a company you can rely on.

Occupants of properties in foreclosure might be opposed to allowing an inspection of the home, thus presenting unique challenges. They might have moved out of the house already and/or neglected care of the property for awhile - or unfortunately, caused damage to the home.

For real estate that has reverted to Real Estate Owned, you typically will want to get rid of it quickly. However, you might want to understand and examine the meanings of "as-is", "as repaired", and "quick sale" values. These represent:

  • The value of the property without any work performed
  • Value with the work called for to make the house marketable at full market value - appropriate with other properties in the neighborhood
  • Somewhere in between, with minor investment in repairs - to sell the property quickly, most likely as a "fixer-upper"
Again, we understand your time line and the unique circumstances of a Real Estate Owned property, as well as the specific information you will need - competing listings, neighborhood trends, and the like. You can count on Associated Independent Appraisers to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.