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Call Carlos Vasallo, P.A.                                                                        to order appraisals pertaining to Collier foreclosures

Carlos Vasallo, P.A. is the company you should trust when you need appraisals for bank owned properties in Collier County

There are special appraisal challenges regarding a home in foreclosure or one that has reverted to the bank's possession.

It's vital to ascertain the meanings of "market value" and a "quick disposition" value to analyze your probable write-down liability when dealing with a house in foreclosure. We can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time line.

You need a company with the training to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Carlos Vasallo, P.A. .

Owners of property in foreclosure, naturally, can present specific challenges. For example, they may be disinclined to allow the appraiser access to the house. They might have abandoned the house already and/or neglected care of the house for quite awhile - or unfortunately, ransacked the property.

For a house that has reverted to Real Estate Owned, you most likely will be interested in a quick disposition. Regardless, you'll still want to consider three ways of figuring the value of the asset (or in some cases, liability):

  • As Repaired. Value with the work required to make the house marketable at full market value - commensurate with other real estate in the area
  • As-is. The market value of the house without any repairs performed
  • Quick sale. With minimal investment in repairs - to sell the property quickly, likely to someone inclined to finish the job themselves
Again, we understand your urgency and the specific situation of an REO property, in addition to the specific data you will need - competing listings, market trends, and so forth. You can count on Carlos Vasallo, P.A. to handle the task of your bank owned property with expertise and professionalism. Contact us today.