Call Certified Residential Appraisal, Inc. when you need appraisals for Cook foreclosures

Real Estate Owned and Foreclosure Appraisals in Cook County

Houses in foreclosure and houses that have reverted to the financial institution's holding present various appraisal problems.

For a house in foreclosure, you would be wise to recognize the difference between the market and a "quick disposition" to know your likely charge-off liability. We can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time line.


	The professionals at Certified Residential Appraisal, Inc. have the experience to handle the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Certified Residential Appraisal, Inc..

Unique challenges might be present when working with owners of homes in foreclosure. They might be unwilling to allow an inspection of the property. They may have left the house already and/or overlooked the care of the property for awhile - or gone as far as ransacked the property.

For real estate that has reverted to bank owned, you probably will be interested in an expedited resolution. But you may want to know and review three values - "as-is", "as repaired", and "quick sale". These represent:

The value of the home without any repairs done to it
Value with the work necessary to make the home marketable at full market value - commensurate with similar homes in the neighborhood

Somewhere in between, with minimal investment in repairs - to offload the home quickly, probably to someone who'd rather finish the job themselves

Again, we understand your time line and the specific circumstances of a bank owned home, in addition to the special information you will need - competing listings, neighborhood trends, and the like. You can rely on Certified Residential Appraisal, Inc. to handle the task of your bank owned property professionally and efficiently. Contact us today.