Call Scotco Appraisals when you need appraisals pertaining to San Diego foreclosures

Real Estate Owned and Foreclosure Appraisals in San Diego County

Properties that have returned to the institution's holding and properties in foreclosure bring forth specific appraisal difficulties.

When there is a home in foreclosure, you need to ascertain market value versus a "quick disposition" value to evaluate your possible 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.


	We have the experience to deal with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Scotco Appraisals.

Particular challenges might be present when dealing with owners of homes in foreclosure. They could be uncooperative to allowing an inspection of the home. They may have left the property already and/or overlooked the care of the home for some time - or in some cases damaged the property.

For real estate that has reverted to REO, you typically will want it off your hands as quickly as possible. Regardless, you'll still want to consider three ways of determining the value of the asset (or in some cases, liability):

As Repaired. Possible market value with the repairs necessary to make the house marketable at full market value - consistent with other properties in the neighborhood

As-is. The value of the house without any work done to it

Quick sale. Somewhere in between, with minimal investment in repairs - to get rid of the home quickly, seemingly to someone who'd prefer to finish the job themselves

Again, we understand your time line and the specific situation of an REO house, as well as the unique data you'll need - competing listings, neighborhood trends, and so forth. You can bank on Scotco Appraisals to take on the appraisal of your REO with expertise and professionalism. Contact us today.