Call Realtech Properties to discuss valuations pertaining to Douglas foreclosures

Realtech Properties is experienced when it comes to foreclosures in Douglas County

There are various appraisal challenges regarding a house in foreclosure or one that has reverted to the bank's holding.

When dealing with a house in foreclosure, it's important to recognize market value versus a "quick disposition" value to analyze your potential charge-off liability. Realtech Properties has the training in both producing snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line.

You need a company with the qualifications to deal with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Realtech Properties.

Occupants of property in foreclosure may be uncooperative to allowing an inspection of the house, thus presenting special challenges. If they abandoned the home already, they might have not taken care of the home for quite awhile - or unfortunately, caused damage to the home.

If you're dealing with property that has already changed to Real Estate Owned, you will interested in an expedited disposition. However, you may want to know about and examine three values: as-is, as repaired, and "quick sale". These symbolize:

  • The value of the property without any repairs done to it
  • Possible value with the repairs required to make the house marketable at full market value - in accordance with competing properties in the neighborhood
  • Somewhere in the middle, with minor investment in repairs - to sell the property quickly, probably to someone inclined to finish the job themselves
Again, we understand your time line and the specific circumstances of a Real Estate Owned property, as well as the specific data you'll need - competing listings, market trends, and so forth. You can count on Realtech Properties to take on the task of your bank owned property with expertise and professionalism. Contact us today.