Call Personal Service Realty's Residential Valuation Group when you need appraisals on Duval foreclosures

REO and Foreclosure Appraisals in Duval County

Homes in foreclosure and homes that have reverted to the financial institution's holding present unique appraisal difficulties.

For a house in foreclosure, you definitely need to understand the difference between market price and a "quick disposition" to know your potential charge-off liability. Personal Service Realty's Residential Valuation Group has the training in both furnishing snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency.

We have the experience to work with the special dynamics of a foreclosure appraisal. Contact Personal Service Realty's Residential Valuation Group for a company you can count on.

Owners of property in foreclosure, naturally, can present special challenges. They could be unwilling to allow an inspection of the property. If they abandoned the house already, they could have neglected care of the property for quite awhile - or even worse, caused damage to the house.

For a property that has already reverted to bank owned, you probably will want to get rid of it quickly. However, you may want to know and review three values - "as-is", "as repaired", and "quick sale". These correspond to:

  • The value of the property without any repairs done to it
  • Possible value with the repairs needed to make the home marketable at full market value - appropriate with similar houses in the area
  • Somewhere in between, with minimal investment in repairs - to sell the home quickly, possibly as a "fixer-upper"
Again, we understand your timeline and the specific circumstances of an REO home, as well as the unique information you'll need - competing listings, market trends, and the like. You can bank on Personal Service Realty's Residential Valuation Group to handle the task of your REO with expertise and professionalism. Contact us today.

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