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Call EVALUATION CONCEPTS when you need appraisals for Tulare foreclosures

EVALUATION CONCEPTS is the company you should trust when you need appraisals for bank owned properties in Tulare County

Real Estate in foreclosure and homes that have reverted to the institution's control present specific appraisal problems.

It's key to recognize the meanings of "market value" and a "quick disposition" assessment to analyze what losses you might have to endure when dealing with a property in foreclosure. At EVALUATION CONCEPTS, we have the knowledge in both providing snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your pressing needs.

You need a company who has the qualifications to handle the specific dynamics of a foreclosure appraisal. Contact EVALUATION CONCEPTS for a company you can count on.

Special challenges may be present when working with owners of houses in foreclosure. They could be disinclined to allow an inspection of the house. If they abandoned the home already, they could have ignored the care of the property for a long time - or even worse, caused damage to the home.

For a home that has already changed to Real Estate Owned, you probably will be seeking a fast resolution. Regardless, you'll still want to consider three ways of figuring the value of the subject property:

  • As Repaired. Possible market value with the repairs called for to make the property marketable at full market value - appropriate with other properties in the area
  • As-is. The market value of the house without any work performed
  • Quick sale. Somewhere in between, with minimal investment in repairs - to sell the property quickly, probably to someone who'd rather finish the job themselves
Again, we understand your time line and the unique circumstances of a bank owned property, as well as the specific information you will need - competing listings, neighborhood trends, and so forth. You can count on EVALUATION CONCEPTS to take on the task of your bank owned property with expertise and professionalism. Contact us today.