Foreclosure and Real Estate Owned Appraisals in Southwest Florida

It's key to know the meanings of "market value" and a "quick disposition" price to know what losses you could have to endure when dealing with a house in foreclosure. At Dawson Residential Appraisal Group, we have the background in both producing snapshots of market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that factor in your time constraints.

	You need a company who has the expertise to handle the particular dynamics of a foreclosure appraisal. Contact Dawson Residential Appraisal Group for a company you can .

Particular challenges can be present when working with owners of homes in foreclosure. They may be opposed to allowing an inspection of the home. Often the homes show signs of vandalism, often by the residents themselves. Or, it's likely you'll find a house at a minimum abandoned or the home neglected for long periods of time.

For a house that has already gone back to REO, you typically will want it off your hands as quickly as possible. In any case, you'll still want to consider three angles for determining the value of the asset:

• As Repaired. Value with the repairs required to make the home marketable at full market value - appropriate with other properties in the neighborhood
• As-is. The value of the home without any work done to it
• Quick sale. Somewhere in the middle, with minor investment in repairs - to get rid of the property quickly, probably to someone inclined to finish the job themselves