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 Foreclosure/REO appraisal/Loss Mitigation
If you're holding a foreclosed or REO property in your portfolio, you can only hope that it looks like the property to the left.
The mortgage crisis has and continues to pose significant risks to lending institutions as well as others who have taken these assets onto their books. How can you attempt to mitigate those risks? The answer, is by utilizing the services of an appraisal company that understands how to analyze the real estate market looking backwards (retrospective) as well as forward (prospective) in time. Appraisal Trend, LLC™ uniquely understands both retrospective and prospective appraisals. We also have the necessary tools to help you make decisions in regards to correctly pricing your real estate owned properties so that your potential loss is as small as possible.
Don't kid yourself, homes in foreclosure or REO present special appraisal challenges. At Appraisal Trend, LLC, we're more than ready and able to help.
In addition to our experience with retrospective and prospective appraisal assignments we also have experience in estimating "as is", "quick sale", and "as repaired" values.
We also understand your timeline and the unique circumstances of an REO property, as well as the special information you'll need -- competing listings, market trends, and the like. In fact we're experts at analyzing market trends. Check out our Market Trend pages for examples of our unique expertise.
Questions? Call or email us today!
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