Routt County Appraisers is experienced when you need appraisals for bank owned properties in Steamboat Springs, Colorado

You need to recognize the meanings of "market value" and a "quick disposition" assessment to know what losses you might realize when dealing with a property in foreclosure. We can provide both snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your pressing needs.

	You need a company who has the qualifications to handle the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Routt County Appraisers.

Particular challenges may be present when dealing with owners of property in foreclosure. They could be disinclined to allow an inspection of the home. Sometimes the homes show signs of vandalism, unfortunately at the hands of the former residents themselves. Or, it's likely you'll find the families have moved out or the home neglected for long periods of time.

For real estate that has already gone back to Real Estate Owned, you typically will want to get rid of it quickly. Regardless, you'll still want to consider three angles for figuring the value of the asset:

• As Repaired. Value with the work needed to make the house marketable at full market value - in accordance with competing homes in the area
• As-is. The market value of the property without any work performed
• Quick sale. With minor investment in repairs - to offload the home quickly, most likely to someone who'd prefer to finish the job themselves