Call Tri-State Appraisals when you need valuations regarding Logan foreclosures

Tri-State Appraisals is the company you should trust when it comes to foreclosures in Logan, West Virginia

Houses that have returned to the bank's control and properties in foreclosure bring forth unique appraisal challenges.

For a house in foreclosure, you should recognize the difference between market value and a "quick disposition" assessment to know your probable charge-off liability. Tri-State Appraisals has the training in both supplying snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that take into account your time line.


	Tri-State Appraisals has the qualifications to handle the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Tri-State Appraisals.

Special challenges may be present when working with owners of homes in foreclosure. They could be unwilling to allow an inspection of the property. They could have abandoned the house already and/or neglected care of the property for quite awhile - or even worse, damaged the home.

For real estate that has already reverted to REO, you most likely will be interested in an expeditious disposition. Regardless, you'll still want to consider three angles for looking at the value of the real estate at hand:

As Repaired. Value with the work due to make the house marketable at full market value - commensurate with competing homes in the area

As-is. The value of the house without any repairs performed

Quick sale. Somewhere in between, with minor investment in repairs - to sell the home quickly, likely as a "fixer-upper"

Again, we understand your time line and the unique circumstances of an REO house, as well as the special information you'll need - competing listings, market trends, and so forth. You can rely on Tri-State Appraisals to handle the appraisal of your REO professionally and efficiently. Contact us today.