Foreclosure/REO appraisal

Homes in foreclosure and homes that have reverted to your institution's ownership present special appraisal challenges. The staff here at Canfield Appraisal Services is experienced in dealing with the needs of foreclosure/REO clients, and we're more than ready help.  Consider our services for any of your REO needs here in the Corpus Christi area. 

If you have a property in foreclosure in Portland, Corpus Christi, or in Kingsville or anywhere in between, you may need to know the difference between fair market value and "liquidation" value.  At Canfield Appraisal Services, we have experience in both providing snapshots of fair market value for our clients as well as "quick sale" forecasts that understand your timeline. 

Often times the properties themselves present special challenges.  They may have been abandoned, neglected or worse - vandalized/damaged. We have the experience and training to deal with the special dynamics of a foreclosure appraisal, and you should not hesitate to rely on us.

For a property that has already reverted to Real Estate Owned, you likewise will be interested in a quick disposition. But you may want to know and compare three values: As-is, as repaired, and "quick sale." These represent the value of the property without any work done to it, with the work required to make the property marketable to full market value commensurate with competing properties in the area, and, somewhere in-between, with minimal investment in repairs -- selling the property quickly, probably as a "fixer-upper." Again, we understand your timeline and the unique circumstances of an REO property, as well as the special information you'll need -- competing listings, market trends, and the like.

Please browse our website to learn more about our qualifications, expertise and services offered.