Call Mark C Woodruff Appraisals LLC when you need valuations for Vanderburgh foreclosures

Real Estate Owned and Foreclosure Appraisals in Vanderburgh County

Homes in foreclosure and properties that have reverted to the institution's holding create special appraisal problems.

For a property in foreclosure, you definitely need to understand the difference between market value and a "quick disposition" value to know your likely charge-off liability. At Mark C Woodruff Appraisals LLC, we have the training in both furnishing snapshots of market value for our mortgage clients, in addition to "quick sale" forecasts that factor in your urgency.


	Mark C Woodruff Appraisals LLC has the qualifications to work with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Mark C Woodruff Appraisals LLC.

Particular challenges may be present when working with owners of homes in foreclosure. They might be uncooperative to allowing an inspection of the house. Sometimes the houses show signs of vandalism, often by the former residents. Or, it's common to find the families have moved out or the home languishing in disrepair for long periods of time.

For real estate that has already changed to Real Estate Owned, you probably will be going for a fast disposition. In any case, you'll still want to consider three angles for looking at the value of the asset:

As Repaired. Possible market value with the work required to make the home marketable at full market value - comparable with competing houses in the neighborhood

As-is. The value of the property without any work done to it

Quick sale. With minor investment in repairs - to get rid of the home quickly, possibly as a "fixer-upper"

Again, we understand your urgency and the specific situation of a bank owned property, as well as the unique data you will need - competing listings, market trends, and the like. You can rely on Mark C Woodruff Appraisals LLC to take on the task of your REO with expertise and professionalism. Contact us today.