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Call Valley Appraisals, Inc when you need valuations of Pitkin foreclosures

Valley Appraisals, Inc is the company you should trust when it comes to foreclosures in Pitkin County

Properties in foreclosure and houses that have reverted to the financial institution's ownership create specific appraisal problems.

For a house in foreclosure, you would be wise to understand the difference between market and a "quick disposition" value to know your potential charge-off liability. At Valley Appraisals, Inc, we have the knowledge in both providing snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your pressing needs.

You need a company with the expertise to work with the specific dynamics of a foreclosure appraisal. Contact Valley Appraisals, Inc for a company you can .

Special challenges might be present when dealing with owners of houses in foreclosure. They may be unwilling to allow an inspection of the house. If they moved out of the home already, they might have ignored the care of the house for a long time - or worse, damaged the home.

For real estate that has already returned to bank owned, you typically will want to get rid of it quickly. However, you may want to understand and analyze the concepts of "as-is", "as repaired", and "quick sale" values. These represent:

  • The value of the property without any work performed
  • Value with the repairs called for to make the property marketable at full market value - commensurate with similar properties in the neighborhood
  • Somewhere in between, with minimal investment in repairs - to offload the property quickly, most likely to someone who'd prefer to finish the job themselves
Again, we understand your time line and the special circumstances of a Real Estate Owned home, as well as the specific information you'll need - competing listings, neighborhood trends, and the like. You can count on Valley Appraisals, Inc to handle the task of your REO professionally and efficiently. Contact us today.