Call Keller Appraisal to order valuations on Chesterfield foreclosures

REO Appraisals in Chesterfield County

Houses in foreclosure and houses that have reverted to the lender's possession present particular appraisal difficulties.

When dealing with a home in foreclosure, it's important to know market value versus a "quick disposition" assessment to know your possible charge-off liability. At Keller Appraisal, we have the knowledge in both furnishing snapshots of market value for our mortgage clients, as well as "quick sale" forecasts that factor in your urgency.


	You need a company who has the training to handle the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Keller Appraisal.

Owners of houses in foreclosure, of course, can present particular challenges: For example, they may be opposed to allowing an inspection of the house. If they deserted the property already, they might have overlooked the care of the property for quite some time - or unfortunately, caused damage to the home.

For real estate that has already gone back to REO, you probably will be going for a fast resolution. In any case, you'll still want to consider three angles for determining the value of the subject property:

As Repaired. Value with the repairs called for to make the house marketable at full market value - consistent with similar homes in the neighborhood

As-is. The value of the house without any work done to it

Quick sale. With minor investment in repairs - to get rid of the home quickly, most likely as a "fixer-upper"

Again, we understand your urgency and the specific circumstances of a Real Estate Owned house, in addition to the specific information you'll need - competing listings, market trends, and so forth. You can count on Keller Appraisal to handle the appraisal of your REO professionally and efficiently. Contact us today.