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Foreclosures /
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Foreclosure / REO Appraisals


Homes in foreclosure that have reverted back to the lender require local and knowledgeable appraisers.

Midwest Appraisal has experience in both fair market value appraisals and mortgage lending for servicing clients as well as "quick sale" forecasts.

Any home in Foreclosure represents special challenges for any appraisal company. Some home owners may be unwilling to allow an inspection or may damage property before an inspection can occur. If a property is abandoned the property may have some extra ordinary damage from weather and neglect. Midwest Appraisal has experience in dealing with special circumstances of foreclosure appraisal. Do not hesitate to contact us if you require a Foreclosure Appraisal.

For property that has already reverted back to the Real Estate Owner, you may be intesested in a quick disposition of the property. You may want to know and compare the values: As-is, As Repaired, and Quick Sale. These values represent the value of the property without any improvements to the property, improvements required to make the property comparable with competing properties in the area, and an appraisal for bringing the property up to minimal standards with minimal investment, allowing you to sell the property quickly as a "Fixer-Upper".

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