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Call Flagship Appraisal when you need appraisals on Fairfax foreclosures

Flagship Appraisal is experienced when you need appraisals for foreclosures in Burke, Virginia

Houses that have reverted to the bank's ownership and properties in foreclosure present unique appraisal challenges.

For a house in foreclosure, you should know the gap between market and a "quick disposition" assessment to know your likely charge-off liability. Flagship Appraisal has the knowledge in both furnishing snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into account your time constraints.

The professionals at Flagship Appraisal have the experience to handle the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Flagship Appraisal.

Occupants of dwellings in foreclosure might be uncooperative to allowing an inspection of the property, thus presenting unique challenges. They might have left the home already and/or neglected care of the property for a long time - or even worse, intentionally harmed the house.

For real estate that has reverted to bank owned, you most likely will want it off your hands as quickly as possible. Regardless, you'll still want to consider three ways of looking at the value of the real estate at hand:

  • As Repaired. Value with the work necessary to make the house marketable at full market value - appropriate with competing real estate in the neighborhood
  • As-is. The value of the house without any work performed
  • Quick sale. Somewhere in between, with minor investment in repairs - to offload the home quickly, seemingly to someone inclined to finish the job themselves
Again, we understand your time line and the unique circumstances of an REO home, as well as the specific data you will need - competing listings, neighborhood trends, and so forth. You can count on Flagship Appraisal to handle the appraisal of your REO professionally and efficiently. Contact us today.