Call Peak Appraisals when you need valuations of Thurston foreclosures

Peak Appraisals is the company you should trust when you need appraisals for foreclosures in Thurston County

Homes 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.

You need a company with the qualifications to deal with the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Peak Appraisals.

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:

  • As Repaired. Value with the repairs called for to make the home marketable at full market value - appropriate with competing real estate in the area
  • As-is. The market value of the property without any repairs performed
  • Quick sale. With minor investment in repairs - to get rid of the home quickly, possibly as a "fixer-upper"
Again, we understand your time line and the specific circumstances of a bank owned house, in addition to the special information you'll need - competing listings, market trends, and so forth. You can rely on Peak Appraisals to take on the appraisal of your REO professionally and efficiently. Contact us today.