Call MVP Appraisal Group when you need valuations on Saint Charles foreclosures

Foreclosure Appraisals in Saint Charles County

Houses in foreclosure and properties that have reverted to the bank's ownership present specific appraisal challenges.

When dealing with a house in foreclosure, you should understand market value versus a "quick disposition" price to analyze your probable charge-off liability. We can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your pressing needs.

You need a company with the experience to handle the special dynamics of a foreclosure appraisal. For a company you can count on, contact MVP Appraisal Group.

Occupants of property in foreclosure could be unwilling to allow an inspection of the property, thus presenting particular challenges. If they moved out of the property already, they might have not taken care of the home for quite some time - or worse, ransacked the house.

For a home that has returned to REO, you probably will be going for an expeditious resolution. However, you might want to understand and review three values - "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the property without any repairs done to it
  • Value with the repairs called for to make the home marketable at full market value - commensurate with competing real estate in the neighborhood
  • With minimal investment in repairs - to get rid of the property quickly, possibly as a "fixer-upper"
Again, we understand your timeline and the special situation of an REO house, in addition to the unique information you'll need - competing listings, neighborhood trends, and so forth. You can rely on MVP Appraisal Group to take on the appraisal of your REO professionally and efficiently. Contact us today.