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Call Anderson & Associates when you need valuations for Clark foreclosures

Anderson & Associates is experienced when it comes to bank owned properties in Clark

Houses that have reverted to the financial institution's ownership and houses in foreclosure bring forth particular appraisal problems.

For a house in foreclosure, you need to know the difference between the fair market and "quick disposition" to know your possible charge-off liability. The professionals at Anderson & Associates can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time constraints.

You need a company who has the expertise to handle the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Anderson & Associates.

Particular challenges may be present when dealing with owners of houses in foreclosure. They may be unwilling to allow an inspection of the house. They could have moved out of the home already and/or ignored the care of the house for awhile - or even worse, ransacked the home.

You will be interested in a fast disposition if the home has already changed to REO. So you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the property without any work performed, with the work called for to make the house marketable at full market value commensurate with the other properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely to someone who'd rather finish the job themselves. Again, we understand your timeline and the specific circumstances of a Real Estate Owned home, as well as the special data you'll need -- competing listings, market trends, and so forth. You can count on Anderson & Associates to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.