Foreclosure and REO Appraisals in Frederick County

When there is a property in foreclosure, it's important to recognize market value versus a "quick disposition" assessment to evaluate your likely charge-off liability. At Chasles Appraisal, LLC, we have the background in both producing snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that consider your timeline.

	Chasles Appraisal, LLC has the experience to deal with the particular dynamics of a foreclosure appraisal. Contact Chasles Appraisal, LLC for a company you can rely on.

Owners of property in foreclosure may be opposed to allowing an inspection of the house, thus presenting specific challenges. They might have abandoned the house already and/or neglected care of the house for a long time - or unfortunately, intentionally harmed the property.

For a property that has already changed to bank owned, you typically will want it off your hands as quickly as possible. However, you might want to know and compare the definitions of "as-is", "as repaired", and "quick sale" values. These correspond to:

• The value of the home without any repairs done to it
• Possible value with the repairs required to make the property marketable at full market value - appropriate with similar houses in the neighborhood
• Somewhere in between, with minor investment in repairs - to offload the home quickly, seemingly as a "fixer-upper"