Call RWA Appraisals to order appraisals of Kitsap foreclosures

Foreclosure and Real Estate Owned Appraisals in Kitsap County

Properties that have gone back to the institution's control and homes in foreclosure bring forth unique appraisal problems.

When there is a home in foreclosure, you need to differentiate the difference between fair market worth and "quick disposition" value to analyze your possible charge-off liability. RWA Appraisals has the background in both furnishing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into consideration your time line.

You need a company who has the experience to handle the special dynamics of a foreclosure appraisal. For a company you can rely on, contact RWA Appraisals.

Owners of homes in foreclosure, of course, can present special challenges. They might be uncooperative to allowing an inspection of the home. Often the homes have been ransacked, often by the former residents. Or, it's likely you'll discover nobody has occupied the house for months or the home neglected for extended periods of time.

If your home has returned to Real Estate Owned, you will interested in a speedy disposition. However, you may want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the value of the property without any repairs done to it, with the repairs called for to make the house marketable at full market value comparable with competing properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your urgency and the specific circumstances of a Real Estate Owned home, as well as the specific data you will need -- competing listings, neighborhood trends, and so forth. You can bank on RWA Appraisals to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.