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Call Thies & Associates to order valuations regarding San Diego foreclosures

Thies & Associates is experienced when it comes to foreclosures in San Diego, California

Properties that have gone back to the bank's control and properties in foreclosure create various appraisal problems.

You need to recognize the meanings of "market value" and a "quick disposition" assessment to analyze what losses you stand to sustain when dealing with a home in foreclosure. Thies & Associates has the experience in both presenting snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your pressing needs.

You need a company with the training to handle the special dynamics of a foreclosure appraisal. For a company you can count on, contact Thies & Associates.

Occupants of property in foreclosure could be disinclined to allow an inspection of the property, thus presenting particular challenges. If they abandoned the property already, they may have ignored the care of the property for a long time - or unfortunately, damaged the home.

For a property that has returned to REO, you most likely will be going for an expeditious resolution. However, you may want to understand and review three values - "as-is", "as repaired", and "quick sale". These correspond to:

  • The value of the home without any repairs performed
  • Value with the repairs due to make the property marketable at full market value - appropriate with other real estate in the neighborhood
  • Somewhere in between, with minimal investment in repairs - to get rid of the property quickly, most likely as a "fixer-upper"
Again, we understand your urgency and the unique circumstances of a bank owned property, as well as the special data you'll need - competing listings, neighborhood trends, and so forth. You can rely on Thies & Associates to take on the appraisal of your REO with expertise and professionalism. Contact us today.