Call Outwest Appraisals, Inc. when you need appraisals regarding Salt Lake foreclosures

Foreclosure and Real Estate Owned Appraisal in Salt Lake County

There are various appraisal difficulties when it comes to a home in foreclosure or one that has reverted to the bank's ownership.

It's key to understand the meanings of "market value" and a "quick disposition" price to analyze your potential charge-off liability when dealing with a house in foreclosure. At Outwest Appraisals, Inc., we have the training in both supplying snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that factor in your time line.


	Outwest Appraisals, Inc. has the qualifications to work with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Outwest Appraisals, Inc..

Specific challenges can be present when working with owners of property in foreclosure. They could be disinclined to allow an inspection of the property. They may have moved out of the home already and/or neglected care of the property for quite some time - or even worse, intentionally harmed the property.

If you're dealing with property that has already changed to bank owned, you will interested in a speedy disposition. However, you might want to know and review three values: as-is, as repaired, and "quick sale". These represent:

The value of the property without any repairs done to it
Value with the work required to make the home marketable at full market value - in accordance with similar properties in the area

With minor investment in repairs - to sell the property quickly, seemingly as a "fixer-upper"

Again, we understand your time line and the unique circumstances of a bank owned house, in addition to the specific data you'll need - competing listings, neighborhood trends, and so forth. You can rely on Outwest Appraisals, Inc. to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.