Call Davis Appraisal Services, Inc. when you need valuations for Yolo foreclosures

Davis Appraisal Services, Inc. is the company you should trust when you need appraisals for bank owned properties in Davis, California

There are special appraisal difficulties when we're talking about a property in foreclosure or one that has gone back to the institution's ownership.

It's vital to recognize the meanings of "market value" and a "quick disposition" value to analyze what losses you could have to endure when dealing with a house in foreclosure. We can provide both snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time constraints.

The professionals at Davis Appraisal Services, Inc. have the training to deal with the specific dynamics of a foreclosure appraisal. Contact Davis Appraisal Services, Inc. for a company you can .

Special challenges can be present when dealing with owners of houses in foreclosure. They might be disinclined to allow an inspection of the property. Often the homes show signs of vandalism, unfortunately at the hands of the residents themselves. Or, it's likely you'll find the previous owners have moved out or the home neglected for long periods of time.

If you're dealing with a house that has already gone back to REO, you will interested in a quick disposition. However, you might want to understand and analyze three values: as-is, as repaired, and "quick sale". These symbolize:

  • The value of the house without any repairs performed
  • Possible value with the repairs necessary to make the house marketable at full market value - appropriate with similar real estate in the area
  • Somewhere in the middle, with minimal investment in repairs - to get rid of the home quickly, possibly as a "fixer-upper"
Again, we understand your time line and the specific situation of an REO house, in addition to the unique data you will need - competing listings, market trends, and the like. You can count on Davis Appraisal Services, Inc. to handle the task of your bank owned property professionally and efficiently. Contact us today.