Call Merit Appraisal Service to discuss valuations of Cape Girardeau foreclosures

Merit Appraisal Service is the company you should trust when you need appraisals for foreclosures in Jackson, Missouri

Properties that have reverted to the financial institution's possession and homes in foreclosure bring forth specific appraisal problems.

For a house in foreclosure, you would be wise to understand the gap between market and a "quick disposition" assessment to know your probable charge-off liability. Merit Appraisal Service has the experience in both producing snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your pressing needs.

You need a company with the experience to deal with the specific dynamics of a foreclosure appraisal. Contact Merit Appraisal Service for a company you can .

Special challenges might be present when dealing with owners of houses in foreclosure. They might be uncooperative to allowing an inspection of the house. If they deserted the house already, they may have overlooked the care of the property for awhile - or even worse, ransacked the property.

For a house that has already returned to REO, you most likely will want it off your hands as quickly as possible. Regardless, you'll still want to consider three angles for figuring the value of the real estate at hand:

  • As Repaired. Value with the repairs required to make the property marketable at full market value - appropriate with competing houses in the neighborhood
  • As-is. The market value of the house without any work performed
  • Quick sale. Somewhere in between, with minimal investment in repairs - to sell the home quickly, possibly to someone who'd rather finish the job themselves
Again, we understand your timeline and the specific circumstances of an REO house, in addition to the specific data you will need - competing listings, neighborhood trends, and so forth. You can bank on Merit Appraisal Service to take on the appraisal of your REO professionally and efficiently. Contact us today.

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Merit Appraisal Service P.O. Box 132 Jackson, MO 63755-0132
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