Call Tri-County Appraisals to order valuations for Larimer foreclosures

Foreclosure and REO Appraisals in Larimer County

Real Estate in foreclosure and homes that have gone back to the lender's holding create special appraisal difficulties.

When dealing with a property in foreclosure, you should ascertain market value versus a "quick disposition" assessment to evaluate your potential charge-off liability. The professionals at Tri-County Appraisals can provide both snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints.

You need a company who has the qualifications to handle the special dynamics of a foreclosure appraisal. Contact Tri-County Appraisals for a company you can .

Owners of houses in foreclosure, of course, can present unique challenges. They could be opposed to allowing us access to the home. Sometimes the houses have been vandalized, unfortunately by the former residents. Or, it's common to find a house at a minimum abandoned or the home languishing in disrepair for long periods of time.

You will be interested in an expedited disposition if the house has gone back to REO. So you need to know about and review three values: "as-is", "as repaired", and "quick sale". These correspond to:

  • The value of the property without any repairs performed
  • Value with the work needed to make the house marketable at full market value - consistent with other homes in the area
  • With minimal investment in repairs - to sell the property quickly, seemingly to someone inclined to finish the job themselves
Again, we understand your timeline and the unique situation of an REO house, in addition to the unique data you'll need - competing listings, neighborhood trends, and so forth. You can rely on Tri-County Appraisals to handle the task of your REO with expertise and professionalism. Contact us today.