profile picture

English Spanish

Call Asset Appraisal Services to order valuations on Spokane foreclosures

Asset Appraisal Services is the company you should trust when you need appraisals for foreclosures in Spokane, Washington

Homes that have returned to the institution's control and homes in foreclosure create various appraisal problems.

You should ascertain the meanings of "market value" and a "quick disposition" price to evaluate what losses you stand to have to endure when dealing with a house in foreclosure. At Asset Appraisal Services, we have the training in both furnishing snapshots of market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your timeline.

We have the training to deal with the special dynamics of a foreclosure appraisal. Contact Asset Appraisal Services for a company you can trust.

Owners of houses in foreclosure can present particular challenges. For example, they could be opposed to allowing an inspection of the home. They may have deserted the property already and/or neglected care of the house for quite awhile - or gone as far as caused damage to the property.

For a house that has reverted to Real Estate Owned, you most likely will be interested in a quick resolution. In any case, you'll still want to consider three angles for figuring the value of the subject property:

  • As Repaired. Value with the work due to make the house marketable at full market value - in accordance with similar homes in the neighborhood
  • As-is. The market value of the home without any work done to it
  • Quick sale. Somewhere in the middle, with minimal investment in repairs - to offload the home quickly, probably to someone who'd prefer to finish the job themselves
Again, we understand your urgency and the specific situation of a Real Estate Owned home, as well as the unique information you'll need - competing listings, neighborhood trends, and the like. You can rely on Asset Appraisal Services to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.