REO and Foreclosure Appraisal in Snohomish County

It's key to differentiate the meanings of "market value" and a "quick disposition" price to evaluate what losses you could sustain when dealing with a property in foreclosure. Tonee Rockwell Appraisal has the knowledge in both providing snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line.

	You need a company who has the expertise to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Tonee Rockwell Appraisal.

Particular challenges can be present when dealing with owners of homes in foreclosure. They could be opposed to allowing an inspection of the home. Often the houses have been vandalized, often at the hands of the former residents. Or, it's likely you'll find the families have moved out or the home neglected for long periods of time.

If you're dealing with property that has reverted to REO, you will interested in an expeditious disposition. However, you may want to know and review three values: as-is, as repaired, and "quick sale". These represent:

• The value of the property without any work performed
• Value with the work necessary to make the house marketable at full market value - commensurate with similar houses in the area
• With minor investment in repairs - to get rid of the home quickly, most likely to someone who'd prefer to finish the job themselves