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Call Anderson & Associates when you need appraisals for Clark foreclosures

Anderson & Associates is a company you can trust when it comes to bank owned properties in Vancouver

Properties that have reverted to the financial institution's control and properties in foreclosure bring forth unique appraisal challenges.

For a home in foreclosure, you need to recognize the difference between fair market price and "quick disposition" to know your probable charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency.

You need a company who has the experience to handle the special dynamics of a foreclosure appraisal. Contact Anderson & Associates for a company you can count on.

Particular challenges may be present when working with owners of homes in foreclosure. They could be disinclined to allow an inspection of the property. If they have abandoned the property already, they could have neglected care of the home for some time - or even worse, damaged the property.

If your property has returned to Real Estate Owned, you will interested in an expeditious disposition. However, you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work performed, with the repairs called for to make the house marketable at full market value consistent with the other real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the unique circumstances of a bank owned house, in addition to the unique information 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.