Call Tri-County Appraisals to order appraisals of Larimer foreclosures

Tri-County Appraisals is the company you should trust when it comes to bank owned properties in Loveland, Colorado

Homes in foreclosure and homes that have gone back to the institution's possession create special appraisal difficulties.

For a property in foreclosure, you would be wise to understand the difference between market value and a "quick disposition" price to know your potential charge-off liability. At Tri-County Appraisals, we have the knowledge in both furnishing snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that factor in your urgency.

Tri-County Appraisals has the training to work with the unique dynamics of a foreclosure appraisal. Contact Tri-County Appraisals for a company you can .

Occupants of homes in foreclosure may be disinclined to allow an inspection of the house, thus presenting unique challenges. If they have abandoned the home already, they might have overlooked the care of the house for quite awhile - or unfortunately, damaged the property.

You will be interested in a quick disposition if the home has returned to bank owned. So you need to understand and review three values: "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the house without any repairs done to it
  • Possible value with the work called for to make the home marketable at full market value - consistent with similar real estate in the area
  • Somewhere in the middle, with minimal investment in repairs - to get rid of the home quickly, seemingly to someone inclined to finish the job themselves
Again, we understand your timeline and the unique situation of a bank owned house, in addition to the special data you'll need - competing listings, market trends, and the like. You can count on Tri-County Appraisals to take on the task of your bank owned property professionally and efficiently. Contact us today.