Call Ebert Appraisal Service to order valuations regarding Summit foreclosures

Ebert Appraisal Service is the company you should trust when you need appraisals for bank owned properties in Summit County

Houses that have reverted to the institution's possession and homes in foreclosure present unique appraisal difficulties.

You should know the meanings of "market value" and a "quick disposition" value to know your potential charge-off liability when dealing with a house in foreclosure. The professionals at Ebert Appraisal Service can provide both snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your pressing needs.

You need a company with the training to work with the special dynamics of a foreclosure appraisal. Contact Ebert Appraisal Service for a company you can trust.

Owners of property in foreclosure, of course, can present specific challenges. They might be unwilling to allow an inspection of the home. If they abandoned the property already, they could have neglected care of the property for quite awhile - or worse, caused damage to the property.

If you're dealing with home that has gone back to Real Estate Owned, you will interested in a quick disposition. However, you may want to know about and examine three values: as-is, as repaired, and "quick sale". These symbolize:

  • The value of the property without any repairs performed
  • Value with the work necessary to make the home marketable at full market value - in accordance with similar real estate in the neighborhood
  • Somewhere in between, with minimal investment in repairs - to offload the home quickly, possibly to someone inclined to finish the job themselves
Again, we understand your time line and the unique circumstances of a bank owned house, in addition to the unique data you'll need - competing listings, market trends, and so forth. You can count on Ebert Appraisal Service to take on the appraisal of your REO with expertise and professionalism. Contact us today.