Call Perkins Appraisal when you need appraisals on Clark foreclosures

Foreclosure Appraisals in Clark County

There are particular appraisal challenges when it comes to a home in foreclosure or one that has reverted to the lender's control.

When there is a home in foreclosure, you need to ascertain market value versus a "quick disposition" value to evaluate your probable charge-off liability. We can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your urgency.


	You need a company with the expertise to handle the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Perkins Appraisal.

Occupants of homes in foreclosure may be unwilling to allow an inspection of the property, thus presenting unique challenges. Often the homes show signs of vandalism, often by the residents themselves. Or, it's common to find a house at least abandoned or the home neglected for extended periods of time.

You will be interested in a quick disposition if the house has changed to REO. So 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 performed
Value with the repairs needed to make the home marketable at full market value - appropriate with competing homes in the neighborhood

Somewhere in between, with minimal investment in repairs - to get rid of the home quickly, probably to someone inclined to finish the job themselves

Again, we understand your time line and the unique circumstances of an REO property, in addition to the unique data you'll need - competing listings, market trends, and the like. You can bank on Perkins Appraisal to take on the appraisal of your REO with expertise and professionalism. Contact us today.