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Call Source Appraisal Services, LLC to discuss valuations of Yellowstone foreclosures

Source Appraisal Services, LLC is the company you should trust when you need appraisals for foreclosures in Yellowstone County

Houses in foreclosure and properties that have returned to the institution's holding create various appraisal problems.

It's vital to know the meanings of "market value" and a "quick disposition" price to know what losses you might have to endure when dealing with a property in foreclosure. Source Appraisal Services, LLC has the background in both furnishing snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time line.

The professionals at Source Appraisal Services, LLC have the expertise to work with the special dynamics of a foreclosure appraisal. Contact Source Appraisal Services, LLC for a company you can count on.

Special challenges might be present when working with owners of properties in foreclosure. They may be disinclined to allow an inspection of the house. They could have abandoned the property already and/or overlooked the care of the home for a long time - or even worse, intentionally harmed the house.

For real estate that has returned to bank owned, you probably will be going for an expedited disposition. However, you may want to know and review three values - "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the house without any repairs done to it
  • Possible value with the work needed to make the property marketable at full market value - commensurate with similar real estate in the neighborhood
  • With minimal investment in repairs - to offload the home quickly, likely as a "fixer-upper"
Again, we understand your timeline and the specific situation of an REO house, in addition to the special data you'll need - competing listings, market trends, and the like. You can bank on Source Appraisal Services, LLC to take on the task of your REO with expertise and professionalism. Contact us today.