Call Schluter Appraisal to order appraisals for Deschutes foreclosures

Schluter Appraisal is experienced when you need appraisals for bank owned properties in Bend, Oregon

Real Estate in foreclosure and properties that have returned to the bank's ownership bring forth various appraisal challenges.

When dealing with a house in foreclosure, it's important to know market value versus a "quick disposition" price to evaluate your probable charge-off liability. Schluter Appraisal has the training in both furnishing snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your urgency.

You need a company with the expertise to work with the specific dynamics of a foreclosure appraisal. Contact Schluter Appraisal for a company you can trust.

Occupants of homes in foreclosure could be uncooperative to allowing an inspection of the house, thus presenting specific challenges. If they moved out of the property already, they could have ignored the care of the home for some time - or even worse, damaged the home.

For a home that has already returned to Real Estate Owned, you probably will want it off your hands as quickly as possible. Regardless, you'll still want to consider three angles for looking at the value of the real estate at hand:

  • As Repaired. Possible market value with the repairs needed to make the property marketable at full market value - appropriate with other properties in the neighborhood
  • As-is. The value of the property without any repairs done to it
  • Quick sale. Somewhere in between, with minor investment in repairs - to offload the property quickly, likely as a "fixer-upper"
Again, we understand your urgency and the unique situation of a bank owned home, as well as the unique information you will need - competing listings, market trends, and so forth. You can bank on Schluter Appraisal to handle the task of your REO professionally and efficiently. Contact us today.