Call Ken Colley & Associates Inc. to order appraisals regarding Sebastian foreclosures

REO Appraisals in Sebastian County

Properties in foreclosure and houses that have gone back to the lender's possession create specific appraisal problems.

You should understand the meanings of "market value" and a "quick disposition" assessment to know what losses you could realize when dealing with a house in foreclosure. At Ken Colley & Associates Inc., we have the background in both presenting snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that consider your urgency.

Ken Colley & Associates Inc. has the qualifications to work with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Ken Colley & Associates Inc..

Owners of homes in foreclosure, of course, can present unique challenges: They could be unwilling to allow an inspection of the home. Sometimes the properties have been intentionally damaged, often at the hands of the former residents themselves. Or, it's common to discover a house at least abandoned or the home neglected for extended periods of time.

For a home that has already gone back to bank owned, you likewise will be interested in a quick disposition. In any case, you'll still want to consider three angles for looking at the value of the subject property:

  • As Repaired. Value with the repairs called for to make the property marketable at full market value - commensurate with similar real estate in the neighborhood
  • As-is. The value of the home without any work performed
  • Quick sale. With minimal investment in repairs - to offload the home quickly, most likely as a "fixer-upper"
Again, we understand your urgency and the specific situation of an REO house, as well as the unique information you'll need - competing listings, neighborhood trends, and so forth. You can count on Ken Colley & Associates Inc. to take on the task of your bank owned property professionally and efficiently. Contact us today.