Call The Marks Company to discuss valuations for Sonoma foreclosures

The Marks Company is experienced when it comes to foreclosures in Petaluma, California

There are particular appraisal problems when it comes to a property in foreclosure or one that has gone back to the lender's possession.

For a property in foreclosure, you should know the difference between market price and a "quick disposition" to know your possible charge-off liability. The professionals at The Marks Company can provide both snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into account your time constraints.


	You need a company with the expertise to deal with the special dynamics of a foreclosure appraisal. For a company you can count on, contact The Marks Company.

Owners of property in foreclosure, naturally, can present unique challenges. For example, they may be opposed to allowing us access to the house. They may have abandoned the house already and/or ignored the care of the house for quite awhile - or worse, vandalized the property.

For real estate that has gone back to bank owned, you most likely will be interested in an expeditious disposition. In any case, you'll still want to consider three angles for looking at the value of the asset:

As Repaired. Possible market value with the repairs required to make the home marketable at full market value - appropriate with other properties in the neighborhood

As-is. The value of the house without any repairs done to it

Quick sale. Somewhere in between, with minimal investment in repairs - to get rid of the property quickly, possibly as a "fixer-upper"

Again, we understand your urgency and the special situation of a Real Estate Owned home, as well as the specific information you'll need - competing listings, market trends, and so forth. You can count on The Marks Company to handle the task of your REO with expertise and professionalism. Contact us today.