Call Active Appraisal Services, Inc. to order valuations on Milwaukee foreclosures

Active Appraisal Services, Inc. is experienced when it comes to foreclosures in southeastern Wisconsin

Properties in foreclosure and homes that have reverted to the institution's holding present unique appraisal difficulties.

 

When there is a property in foreclosure, it's important to differentiate market value versus a "quick disposition" value to evaluate your potential charge-off liability. Active Appraisal Services, Inc. has the experience in both presenting snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your pressing needs.

You need a company with the qualifications to handle the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Active Appraisal Services, Inc..

Specific challenges may be present when working with owners of houses in foreclosure. They may be unwilling to allow an inspection of the house. Often the houses have been vandalized, unfortunately by the former residents. Or, it's common to discover nobody has lived in house for months or the home neglected for extended periods of time.

 

You'll be interested in a speedy disposition if the property has already changed to REO. So you need to know about and analyze three values: "as-is", "as repaired", and "quick sale". These correspond to:

  • The value of the home without any work done to it
  • Value with the repairs called for to make the property marketable at full market value - consistent with similar homes in the neighborhood
  • Somewhere in between, with minor investment in repairs - to sell the property quickly, possibly to someone inclined to finish the job themselves
Again, we understand your timeline and the unique circumstances of an REO home, in addition to the specific data you'll need - competing listings, market trends, and so forth. You can rely on Active Appraisal Services, Inc. to handle the task of your REO with expertise and professionalism. Contact us today.