Solidrock Appraisal is experienced when you need appraisals for foreclosures in Clark CountyHomes that have returned to the financial institution's possession and properties in foreclosure bring forth unique appraisal challenges.
For a house in foreclosure, you should know the gap between market and a "quick disposition" price to know your probable charge-off liability. At Solidrock Appraisal, we have the background in both presenting snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that consider your time constraints.
Particular challenges can be present when dealing with owners of property in foreclosure. They could be unwilling to allow an inspection of the house. Often the properties have been intentionally damaged, unfortunately by the residents. Or, it's likely you'll discover nobody has lived in house for months or the home languishing in disrepair for long periods of time.
For a house that has already changed to Real Estate Owned, you probably will want it off your hands as quickly as possible. In any case, you'll still want to consider three angles for looking at the value of the subject property: