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Call Welldone Appraisal, LLC when you need valuations on Marion foreclosures

REO Appraisals in Marion County

Properties that have returned to the bank's possession and properties in foreclosure create special appraisal problems.

You should recognize the meanings of "market value" and a "quick disposition" value to evaluate your potential write-down liability when dealing with a home in foreclosure. At Welldone Appraisal, LLC, we have the experience in both furnishing snapshots of market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your timeline.

You need a company who has the expertise to work with the particular dynamics of a foreclosure appraisal. Contact Welldone Appraisal, LLC for a company you can .

Weldon Stanford our managing member not only has appraisal experience but from 1998-2001 managed the Complete REO process from Trash out to sale for World Savings and Loan in the state of New Mexico as the REO Manager. put that experience work for your company today!

You will be interested in a speedy disposition if the house has changed to Real Estate Owned. So you need to know and analyze three values: "as-is", "as repaired", and "quick sale". These correspond to:

  • The value of the house without any work done to it
  • Possible value with the work required to make the property marketable at full market value - comparable with other houses in the area
  • Somewhere in between, with minimal investment in repairs - to sell the home quickly, possibly as a "fixer-upper"
Again, we understand your time line and the unique situation of a bank owned house, as well as the specific information you will need - competing listings, neighborhood trends, and the like. You can bank on Welldone Appraisal, LLC to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.