At our appraisal services firm, we offer loss mitigation appraisal services to assist clients with managing distressed properties. These services are designed to provide accurate and reliable valuations of properties that are in pre-foreclosure or real estate owned (REO) status.
Pre-foreclosure appraisals are used to determine the fair market value of a property that is facing foreclosure. These appraisals are typically ordered by lenders or servicers to determine the appropriate course of action for the property, such as loan modification or short sale. Our team of experienced appraisers conducts thorough research and analysis to provide accurate valuations that take into account the unique circumstances of each property.
REO appraisals are used to determine the value of a property that has already been foreclosed and is now owned by the lender or servicer. These appraisals are typically ordered to assist with disposition of the property, whether through sale or transfer to another department within the institution. Our team of appraisers has extensive experience with REO properties and can provide reliable valuations that take into account market conditions, property condition, and other relevant factors.
In addition to these core services, we also offer a range of other loss mitigation appraisal services, including desktop reviews, property inspections, and more. Our team has years of experience working with distressed properties and understands the unique challenges and opportunities that come with these types of properties.
At our firm, we are committed to providing our clients with the highest level of service and quality. Whether you are a lender, servicer, or investor, our loss mitigation appraisal services can help you make informed decisions about your distressed assets. Contact us today to learn more about our services and how we can assist you with your appraisal needs.
Copyright © 2023, Druian & Associates,LLC. All Rights Reserved
BRE# AR028441