Miller Appraisal Services, LLC is experienced when it comes to foreclosures in Vancouver, WashingtonHouses that have reverted to the financial institution's ownership and homes in foreclosure present specific appraisal problems.For a property in foreclosure, you need to know the difference between market and a "quick disposition" value to know your likely charge-off liability. The professionals at Miller Appraisal Services, LLC can provide both snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into account your time constraints.
Special challenges may be present when working with owners of properties in foreclosure. They may be opposed to allowing an inspection of the house. They might have abandoned the property already and/or overlooked the care of the property for a long time - or worse, ransacked the house.
You will be interested in a quick disposition if the house has already returned to Real Estate Owned. So you may want to understand and analyze three values: "as-is", "as repaired", and "quick sale". These symbolize: |