Call South Eastern Appraisal, Inc. to discuss appraisals regarding Pulaski foreclosures

South Eastern Appraisal, Inc. is experienced when you need appraisals for foreclosures in Pulaski County

Houses that have gone back to the institution's possession and houses in foreclosure create particular appraisal difficulties.

For a home in foreclosure, you need to recognize the gap between market and a "quick disposition" assessment to know your potential charge-off liability. At South Eastern Appraisal, Inc., we have the knowledge in both providing snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that factor in your timeline.

We have the experience to work with the particular dynamics of a foreclosure appraisal. Contact South Eastern Appraisal, Inc. for a company you can .

Particular challenges may be present when dealing with owners of properties in foreclosure. They may be unwilling to allow an inspection of the home. If they moved out of the home already, they could have neglected care of the home for a long time - or unfortunately, damaged the house.

For a home that has gone back to REO, you probably will be going for a speedy resolution. In any case, you'll still want to consider three ways of determining the value of the asset (or in some cases, liability):

  • As Repaired. Possible market value with the repairs necessary to make the property marketable at full market value - comparable with competing real estate in the area
  • As-is. The value of the property without any work performed
  • Quick sale. With minor investment in repairs - to get rid of the home quickly, seemingly to someone who'd rather finish the job themselves
Again, we understand your urgency and the specific circumstances of an REO home, as well as the specific information you will need - competing listings, neighborhood trends, and so forth. You can rely on South Eastern Appraisal, Inc. to handle the task of your bank owned property professionally and efficiently. Contact us today.