Foreclosure and Real Estate Owned Appraisal in NW Indiana

When dealing with a house in foreclosure, you need to understand market value versus a "quick disposition" price to know your potential 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 account your time constraints.

	You need a company with the expertise to deal with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Trinity Residential Appraisers, L.L.C..

Unique challenges may be present when dealing with owners of properties in foreclosure. They may be uncooperative to allowing an inspection of the home. They could have deserted the house already and/or neglected care of the home for quite awhile - or worse, intentionally harmed the house.

You'll be interested in an expeditious disposition if the house has already changed to REO. So you need to understand and review three values: "as-is", "as repaired", and "quick sale". These symbolize:

• The value of the home without any repairs performed
• Possible value with the work required to make the house marketable at full market value - in accordance with competing real estate in the neighborhood
• Somewhere in between, with minor investment in repairs - to offload the home quickly, likely as a "fixer-upper"