Foreclosure Appraisal in Washoe County

You need to know the meanings of "market value" and a "quick disposition" value to know what losses you stand to realize when dealing with a property in foreclosure. Robin L. Barry Appraisal Services has the training in both providing snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your pressing needs.

	You need a company who has the qualifications to work with the particular dynamics of a foreclosure appraisal. Contact Robin L. Barry Appraisal Services for a company you can trust.

Occupants of houses in foreclosure could be disinclined to allow an inspection of the property, thus presenting unique challenges. Sometimes the subjects have been vandalized, unfortunately at the hands of the residents. Or, it's likely you'll discover nobody has occupied the house for months or the home neglected for extended periods of time.

For a house that has already changed to Real Estate Owned, you probably will want to get rid of it quickly. Regardless, you'll still want to consider three angles for looking at the value of the asset:

• As Repaired. Possible market value with the work due to make the property marketable at full market value - consistent with competing real estate in the neighborhood
• As-is. The market value of the home without any work done to it
• Quick sale. With minimal investment in repairs - to get rid of the property quickly, seemingly as a "fixer-upper"