Peak Appraisals is the company you should trust when you need appraisals for foreclosures in Thurston CountyHomes that have returned to the financial institution's holding and houses in foreclosure create particular appraisal problems.
It's important to recognize the meanings of "market value" and a "quick disposition" assessment to evaluate your likely write-down liability when dealing with a house in foreclosure. At Peak Appraisals, we have the training in both providing snapshots of market value for our mortgage clients, in addition to "quick sale" forecasts that factor in your urgency.
Particular challenges may be present when working with owners of homes in foreclosure. They may be opposed to allowing an inspection of the house. Often the homes show signs of vandalism, often at the hands of the residents themselves. Or, it's common to find a house at a minimum abandoned or the home neglected for extended periods of time.
For real estate that has already reverted to REO, you likewise will be interested in an expedited disposition. In any case, you'll still want to consider three ways of looking at the value of the real estate at hand: