Call South Sound Appraisal, Inc. when you need appraisals pertaining to Pierce foreclosures

Foreclosure Appraisals in Pierce County

Homes in foreclosure and houses that have gone back to the lender's possession bring forth specific appraisal problems.

For a property in foreclosure, you definitely need to know the gap between market value and a "quick disposition" to know your potential charge-off liability. South Sound Appraisal, Inc. has the background in both presenting snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your urgency.

We have the training to deal with the special dynamics of a foreclosure appraisal. Contact South Sound Appraisal, Inc. for a company you can .

Specific challenges might be present when working with owners of property in foreclosure. They might be uncooperative to allowing an inspection of the home. They may have abandoned the home already and/or overlooked the care of the home for quite some time - or worse, damaged the property.

For real estate that has already reverted to bank owned, you most likely will want it off your hands as quickly as possible. But you might want to know and review three values - "as-is", "as repaired", and "quick sale". These represent:

  • The value of the home without any repairs done to it
  • Possible value with the repairs necessary to make the property marketable at full market value - appropriate with other real estate in the area
  • With minimal investment in repairs - to get rid of the property quickly, likely to someone inclined to finish the job themselves
Again, we understand your timeline and the specific circumstances of a bank owned home, in addition to the unique information you'll need - competing listings, neighborhood trends, and the like. You can rely on South Sound Appraisal, Inc. to take on the task of your bank owned property with expertise and professionalism. Contact us today.