Call Solidrock Appraisal when you need valuations regarding Clark foreclosures

Solidrock Appraisal is experienced when you need appraisals for foreclosures in Clark County

Homes that have returned to the financial institution's possession and properties in foreclosure bring forth unique appraisal challenges.

For a house in foreclosure, you should know the gap between market and a "quick disposition" price to know your probable charge-off liability. At Solidrock Appraisal, we have the background in both presenting snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that consider your time constraints.

You need a company who has the training to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Solidrock Appraisal.

Particular challenges can be present when dealing with owners of property in foreclosure. They could be unwilling to allow an inspection of the house. Often the properties have been intentionally damaged, unfortunately by the residents. Or, it's likely you'll discover nobody has lived in house for months or the home languishing in disrepair for long periods of time.

For a house that has already changed to Real Estate Owned, you probably will want it off your hands as quickly as possible. In any case, you'll still want to consider three angles for looking at the value of the subject property:

  • As Repaired. Possible market value with the repairs called for to make the property marketable at full market value - commensurate with competing properties in the area
  • As-is. The value of the home without any work performed
  • Quick sale. With minimal investment in repairs - to offload the property quickly, possibly as a "fixer-upper"
Again, we understand your urgency and the specific situation of a bank owned house, as well as the unique information you will need - competing listings, market trends, and the like. You can rely on Solidrock Appraisal to take on the task of your REO professionally and efficiently. Contact us today.