Anderson & Associates is a company you can trust when you need appraisals for bank owned properties in Vancouver
Houses in foreclosure and houses that have reverted to the institution's possession present unique appraisal challenges.
For a house in foreclosure, you may need to recognize the difference between fair market price and "quick disposition" value to know your likely charge-off liability. The professionals at Anderson & Associates can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line.
The professionals at Anderson & Associates have the expertise to deal with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Anderson & Associates.
Special challenges may be present when dealing with owners of homes in foreclosure. They could be disinclined to allow an inspection of the home. They could have moved out of the property already and/or overlooked the care of the house for some time - or in some cases vandalized the house.
If your property has already gone back to Real Estate Owned, you will interested in a fast disposition. But you may want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work performed, with the repairs due to make the house marketable at full market value comparable with competing homes in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your urgency and the specific situation of a Real Estate Owned property, in addition to the specific data you'll need -- competing listings, market trends, and so forth. You can bank on Anderson & Associates to handle the appraisal of your REO with expertise and professionalism. Contact us today.