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Call Robert A. Collins Appraisal Service when you need valuations regarding Pasco foreclosures

Foreclosure and Real Estate Owned Appraisal in Pasco County

There are specific appraisal challenges when it comes to a property in foreclosure or one that has returned to the institution's possession.

You should ascertain the meanings of "market value" and a "quick disposition" price to evaluate your probable charge-off liability when dealing with a property in foreclosure. At Robert A. Collins Appraisal Service, we have the background in both presenting snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that consider your pressing needs.

You need a company who has the qualifications to deal with the particular dynamics of a foreclosure appraisal. Contact Robert A. Collins Appraisal Service for a company you can trust.

Particular challenges may be present when dealing with owners of homes in foreclosure. They may be unwilling to allow an inspection of the property. They might have abandoned the home already and/or ignored the care of the property for awhile - or even worse, vandalized the home.

For a property that has reverted to REO, you most likely will want to get rid of it quickly. Regardless, you'll still want to consider three angles for looking at the value of the subject property:

  • As Repaired. Value with the repairs required to make the home marketable at full market value - comparable with other real estate in the neighborhood
  • As-is. The market value of the home without any repairs done to it
  • Quick sale. Somewhere in between, with minimal investment in repairs - to sell the home quickly, likely as a "fixer-upper"
Again, we understand your urgency and the specific circumstances of a bank owned property, as well as the special data you'll need - competing listings, neighborhood trends, and the like. You can rely on Robert A. Collins Appraisal Service to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.