Call Kent & Associates Appraisal when you need appraisals of Snohomish foreclosures

REO and Foreclosure Appraisals in Snohomish County

Properties that have reverted to the institution's possession and properties in foreclosure bring forth specific appraisal challenges.

It's key to know the meanings of "market value" and a "quick disposition" price to evaluate what losses you might have to endure when dealing with a house in foreclosure. Kent & Associates Appraisal has the background in both producing snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time constraints.


	You need a company who has the expertise to deal with the particular dynamics of a foreclosure appraisal. Contact Kent & Associates Appraisal for a company you can rely on.

Specific challenges can be present when working with owners of homes in foreclosure. They might be disinclined to allow an inspection of the property. Sometimes the subjects have been ransacked, often at the hands of the residents. Or, it's common to discover nobody has lived in house for months or the home languishing in disrepair for long periods of time.

For a house that has already reverted to Real Estate Owned, you probably will want it off your hands as quickly as possible. In any case, you'll still want to consider three angles for looking at the value of the subject property:

As Repaired. Possible market value with the work due to make the property marketable at full market value - commensurate with other houses in the area

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

Quick sale. With minor investment in repairs - to offload the home quickly, possibly as a "fixer-upper"

Again, we understand your time line and the special situation of a bank owned house, as well as the specific data you'll need - competing listings, market trends, and the like. You can count on Kent & Associates Appraisal to handle the task of your REO with expertise and professionalism. Contact us today.