Call Keystone Appraisal Co. when you need valuations of Shelby foreclosures

Foreclosure Appraisal in Shelby County

Properties that have returned to the financial institution's holding and properties in foreclosure bring forth special appraisal challenges.

For a home in foreclosure, you need to know the gap between market and a "quick disposition" value to know your possible charge-off liability. Keystone Appraisal Co. has the background in both producing snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your urgency.

The professionals at Keystone Appraisal Co. have the qualifications to handle the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Keystone Appraisal Co..

Owners of houses in foreclosure could be unwilling to allow an inspection of the house, thus presenting special challenges. Often the properties have been vandalized, unfortunately by the residents themselves. Or, it's common to find nobody has occupied the house for months or the home neglected for long periods of time.

For real estate that has already changed to REO, you most likely will want it off your hands as quickly as possible. In any case, you'll still want to consider three ways of determining the value of the real estate at hand:

  • As Repaired. Value with the repairs necessary to make the house marketable at full market value - commensurate with other homes in the neighborhood
  • As-is. The value of the home without any work done to it
  • Quick sale. With minor investment in repairs - to get rid of the property quickly, most likely as a "fixer-upper"
Again, we understand your timeline and the specific circumstances of an REO property, in addition to the specific data you will need - competing listings, market trends, and so forth. You can bank on Keystone Appraisal Co. to handle the task of your REO professionally and efficiently. Contact us today.