Call RHI Appraisals to discuss valuations pertaining to East Baton Rouge foreclosures

Real Estate Owned Appraisals in East Baton Rouge County

Properties in foreclosure and houses that have returned to the financial institution's ownership bring forth various appraisal difficulties.

For a house in foreclosure, you should understand the gap between the market value and a "quick disposition" to know your probable charge-off liability. The professionals at RHI Appraisals can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into account your urgency.

We have the expertise to work with the special dynamics of a foreclosure appraisal. For a company you can rely on, contact RHI Appraisals.

Owners of property in foreclosure could be disinclined to allow an inspection of the house, thus presenting special challenges. If they deserted the property already, they could have overlooked the care of the property for some time - or unfortunately, ransacked the house.

If you're dealing with a house that has already returned to bank owned, you will interested in a quick disposition. But you may want to know and review three values: as-is, as repaired, and "quick sale". These represent:

  • The value of the home without any work performed
  • Value with the work needed to make the property marketable at full market value - in accordance with similar properties in the area
  • With minor investment in repairs - to get rid of the property quickly, seemingly to someone inclined to finish the job themselves
Again, we understand your timeline and the specific situation of a bank owned home, as well as the specific data you will need - competing listings, neighborhood trends, and the like. You can bank on RHI Appraisals to handle the task of your bank owned property professionally and efficiently. Contact us today.

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