Call Cascade Appraisal, LLC when you need valuations of King foreclosures

Real Estate Owned and Foreclosure Appraisals in King County

There are various appraisal problems for a home in foreclosure or one that has returned to the financial institution's ownership.

For a home in foreclosure, you definitely need to understand the gap between market and a "quick disposition" to know your potential charge-off liability. Cascade Appraisal, LLC has the training in both providing snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that take into consideration your pressing needs.

We have the expertise to work with the special dynamics of a foreclosure appraisal. Contact Cascade Appraisal, LLC for a company you can count on.

Owners of property in foreclosure, naturally, can present particular challenges. For example, they may be unwilling to allow us access to the property. They may have deserted the property already and/or neglected care of the property for quite some time - or unfortunately, intentionally harmed the property.

For real estate that has already reverted to bank owned, you typically will want to get rid of it quickly. 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 work needed to make the property marketable at full market value - commensurate with competing properties in the area
  • As-is. The value of the property without any work done to it
  • Quick sale. With minor investment in repairs - to sell the home quickly, possibly to someone who'd prefer to finish the job themselves
Again, we understand your urgency and the specific circumstances of an REO home, as well as the special data you will need - competing listings, neighborhood trends, and so forth. You can bank on Cascade Appraisal, LLC to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.