Homes in foreclosure and homes that have reverted to your institution's ownership present special appraisal challenges. For a property in foreclosure, you may need to know the difference between fair market value and "quick disposition" value. At HRI, we have experience in both providing snapshots of fair market value for our mortgage lending and servicing clients as well as "quick sale" forecasts that understand your timeline.

Owners of property in pre-foreclosure, of course, present special challenges. They may be unwilling to allow an inspection of the property, abandoned the property or worse, already caused damage. We have the experience and training necessary to deal with the special dynamics of pre-foreclosure situations.

For a property that has already reverted to Real Estate Owned, you likewise will be interested in a "quick disposition" value, as well as "as is" and "as repaired" values. These represent the value of the property without any work done to it at all to making it marketable to full market value. Again, we understand your timeline and the unique circumstances of an REO property and provide the specialized information you need; competing listings, market trends and statistics you can rely on.

 Call HRI Toll Free at 800-773-6115