Call Mid-Ohio Appraisal Services when you need appraisals for Licking foreclosures

Foreclosure and Real Estate Owned Appraisals in Licking County

There are particular appraisal problems when we're talking about a property in foreclosure or one that has returned to the lender's ownership.

When there is a house in foreclosure, you need to ascertain market value versus a "quick disposition" value to analyze your potential charge-off liability. We can provide both snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your urgency.


	The professionals at Mid-Ohio Appraisal Services have the qualifications to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Mid-Ohio Appraisal Services.

Occupants of houses in foreclosure may be disinclined to allow an inspection of the property, thus presenting special challenges. If they abandoned the property already, they may have neglected care of the property for some time - or worse, ransacked the property.

For a property that has already returned to REO, you typically will want it off your hands as quickly as possible. But you might want to understand and analyze three values - "as-is", "as repaired", and "quick sale". These represent:

The value of the house without any work performed
Value with the repairs called for to make the house marketable at full market value - consistent with similar houses in the area

With minor investment in repairs - to get rid of the property quickly, probably as a "fixer-upper"

Again, we understand your urgency and the special circumstances of an REO home, in addition to the unique data you will need - competing listings, neighborhood trends, and so forth. You can bank on Mid-Ohio Appraisal Services to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.