Foreclosure and Real Estate Owned Appraisal in Multnomah County

For a home in foreclosure, you need to know the gap between the market price and a "quick disposition" assessment to know your potential charge-off liability. At David Carlson & Associates Inc., we have the knowledge in both supplying snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your urgency.

	We have the experience to deal with the specific dynamics of a foreclosure appraisal. Contact David Carlson & Associates Inc. for a company you can trust.

Special challenges might be present when dealing with owners of homes in foreclosure. They could be disinclined to allow an inspection of the house. If they abandoned the house already, they could have not taken care of the home for quite some time - or even worse, ransacked the home.

For real estate that has already returned to REO, you most likely will want to get rid of it quickly. In any case, you'll still want to consider three angles for determining the value of the real estate at hand:

• As Repaired. Possible market value with the work called for to make the property marketable at full market value - consistent with other properties in the neighborhood
• As-is. The market value of the home without any repairs done to it
• Quick sale. Somewhere in the middle, with minor investment in repairs - to offload the property quickly, possibly as a "fixer-upper"