Call Turner and Gerwitz Appraisals, LLC when you need appraisals of  foreclosures

Turner and Gerwitz Appraisals, LLC is experienced when you need appraisals for foreclosures in County

Homes that have returned to the institution's holding and properties in foreclosure bring forth specific appraisal challenges.

It's vital to understand the meanings of "market value" and a "quick disposition" value to analyze your likely charge-off liability when dealing with a house in foreclosure. At Turner and Gerwitz Appraisals, LLC, we have the training in both providing snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your timeline.

Turner and Gerwitz Appraisals, LLC has the experience to handle the specific dynamics of a foreclosure appraisal. Contact Turner and Gerwitz Appraisals, LLC for a company you can rely on.

Occupants of properties in foreclosure may be unwilling to allow an inspection of the home, thus presenting unique challenges. Sometimes the homes have been intentionally damaged, often at the hands of the residents themselves. Or, it's common to find the families have moved out or the home neglected for long periods of time.

For a home that has already reverted to REO, you probably will be interested in an expeditious disposition. In any case, you'll still want to consider three angles for looking at the value of the real estate at hand:

  • As Repaired. Possible market value with the work needed to make the house marketable at full market value - commensurate with similar homes in the neighborhood
  • As-is. The value of the home without any work performed
  • Quick sale. With minimal investment in repairs - to get rid of the property quickly, possibly to someone who'd rather finish the job themselves
Again, we understand your urgency and the unique circumstances of a Real Estate Owned property, in addition to the special data you'll need - competing listings, neighborhood trends, and so forth. You can rely on Turner and Gerwitz Appraisals, LLC to handle the task of your REO with expertise and professionalism. Contact us today.