Call Utah South Appraisal when you need valuations pertaining to Iron foreclosures

Utah South Appraisal is experienced when it comes to foreclosures in Iron County

Properties that have gone back to the institution's holding and houses in foreclosure bring forth various appraisal problems.

It's vital to know the difference between fair market price and "quick disposition" price to evaluate what losses you might realize when dealing with a home in foreclosure. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time line.

Utah South Appraisal has the training to handle the unique dynamics of a foreclosure appraisal. Contact Utah South Appraisal for a company you can trust.

Owners of homes in foreclosureunfortunately can present special challenges. They could be uncooperative when it comes to allowing us access to the home. They could have abandoned the home already and/or ignored the care of the house for a long time - or in some cases intentionally harmed the property.

For a house that has reverted to REO, you typically will want to get rid of it quickly. But you may want to understand and review three values - "as-is", "as repaired", and "quick sale". These represent: the value of the home without any repairs done to it, with the repairs necessary to make the house marketable at full market value corresponding with competing houses in the neighborhood, and with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the specific circumstances of an REO property, as well as the specific data you'll need - competing listings, market trends, and the like. You can rely on Utah South Appraisal to handle the task of your REO with expertise and professionalism. Contact us today.