Call Integrated Appraisal Services, LLC when you need appraisals regarding Milwaukee foreclosures

Real Estate Owned and Foreclosure Appraisals in Milwaukee County

Properties in foreclosure and properties that have reverted to the institution's control bring forth special appraisal problems.

For a property in foreclosure, you definitely need to know the gap between the market price and a "quick disposition" price to know your probable charge-off liability. Integrated Appraisal Services, LLC has the background in both presenting snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your urgency.

You need a company who has the qualifications to work with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Integrated Appraisal Services, LLC.

Owners of property in foreclosure can present specific challenges. They could be unwilling to allow an inspection of the property. Sometimes the homes show signs of vandalism, unfortunately by the residents themselves. Or, it's likely you'll find a house at least abandoned or the home languishing in disrepair for long periods of time.

You will be interested in a speedy disposition if the home has already returned to Real Estate Owned. So you need to understand and analyze three values: "as-is", "as repaired", and "quick sale". These represent:

  • The value of the home without any work done to it
  • Possible value with the work necessary to make the home marketable at full market value - commensurate with other homes in the area
  • Somewhere in between, with minor investment in repairs - to offload the home quickly, probably to someone inclined to finish the job themselves
Again, we understand your time line and the unique situation of an REO home, in addition to the special data you'll need - competing listings, market trends, and the like. You can bank on Integrated Appraisal Services, LLC to handle the appraisal of your REO professionally and efficiently. Contact us today.