Call Prestige Appraisal, LLC to order appraisals pertaining to Jackson foreclosures

Foreclosure and Real Estate Owned Appraisals in Jackson County

Houses that have gone back to the institution's holding and properties in foreclosure create unique appraisal challenges.

When there is a home in foreclosure, you should differentiate market value versus a "quick disposition" assessment to evaluate your likely charge-off liability. Prestige Appraisal, LLC has the background in both providing snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency.


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

Owners of properties in foreclosureunfortunately can present specific challenges: For example, they may be unwilling to allow an inspection of the property. If they abandoned the property already, they might have ignored the care of the property for quite awhile - or even worse, ransacked the property.

For a property that has reverted to REO, you likewise will be seeking an expedited disposition. Regardless, you'll still want to consider three ways of determining the value of the real estate at hand:

As Repaired. Value with the repairs called for to make the home marketable at full market value - in accordance with similar real estate in the neighborhood

As-is. The market value of the house without any work performed

Quick sale. Somewhere in between, with minor investment in repairs - to offload the home quickly, likely to someone who'd rather finish the job themselves

Again, we understand your time line and the specific situation of a Real Estate Owned home, as well as the specific information you'll need - competing listings, neighborhood trends, and so forth. You can rely on Prestige Appraisal, LLC to handle the task of your REO professionally and efficiently. Contact us today.