Routt County Appraisers is experienced when you need appraisals for bank owned properties in Steamboat Springs, ColoradoHouses in foreclosure and properties that have returned to the financial institution's possession create unique appraisal difficulties.
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.
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: