Appraisal services for REO properties

Foreclosure/REO appraisal

Homes in foreclosure and homes that have reverted to your institution's ownership present special appraisal challenges. At Greenlight Appraisals, we're more than ready and able to help.

For a property in foreclosure, you may need to know the difference between fair market value and "quick disposition" value, to know your potential charge-off liability. At Greenlight Appraisals, 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 foreclosure, of course, present special challenges. They may be unwilling to allow an inspection of the property. If they have abandoned the property already, they may have neglected care of the home for some time -- or worse, caused damage. We have the experience and training to deal with the special dynamics of a foreclosure appraisal, and you should not hesitate to rely on us.

For a property that has already reverted to Real Estate Owned, you likewise will be interested in a quick disposition. But you may want to know and compare three values: As-is, as repaired, and "quick sale." These represent the value of the property without any work done to it, with the work required to make the property marketable to full market value commensurate with competing properties in the area, and, somewhere in-between, with minimal investment in repairs -- selling the property quickly, probably as a "fixer-upper." Again, we understand your timeline and the unique circumstances of an REO property, as well as the special information you'll need -- competing listings, market trends, and the like.

Please browse our website to learn more about our qualifications, expertise and services offered.

Foreclosure News:

Companies are Lugging through Foreclosures, Resetting and Re-chalking their Loan Programmes

1/1/0001 12:00 AM

There is nothing new to the fact that banking is all about getting proceeds on your own dollars and of your own dollars. David Ellison of FBR Equity Funds recalls it being dinned in at the beginning of his career. He said, “It’s probably one of the things that’s most important to remember. And now [...]

Looking Foreclosu...Read More

Churches Falling Victim to Foreclosures

1/1/0001 12:00 AM

With the worsening of the economy, the members of the churches are diminishing together with their donations resulting in many churches falling victim to foreclosures. The finances of the churches have also been mismanaged. Memphis Theological Seminary’s Dr. Jay Earheart-Brown analyses the causes to be fall in membership numbers a...Read More

Fans keen to Visit the Ranch of Michael Jackson that He nearly Lost to Foreclosure

1/1/0001 12:00 AM

Mike Davis, Assemblyman of California (Los Angeles), opines that the Department of Parks and Recreation would do well to take over the reins of the Michael Jackson ranch in Santa Barbara County. He felt that Jackson’s fans from across the world would like to pay a visit to his former estate. The ranch covering 2,500 acres [....Read More

Foreclosures Opportunities can be Clinched by Following Four Simple Steps

1/1/0001 12:00 AM

Foreclosures are presenting opportunities – can be clinched by following four simple steps. The President of ATAD or The-American-Dream.com is presenting free a paperback book running into 120 pages – You Can Achieve The American Dream …With The Right Keys to potential purchasers of residential houses. It will also be of relevance...Read More

Debt Paralyzing Life during the Foreclosure Era

1/1/0001 12:00 AM

America is passing through the foreclosure era. It has not yet become history. Debt is paralyzing life as one day follows another for the ordinary American. A couple refinanced their mortgage. Although the rate was relatively lower and they could have shouldered more debt but they paid off a big chunk of the due balance. [...]

1/1/0001 12:00 AM

HOAs have come under fire for having the authority to initiate foreclosure for unpaid association dues without having to go to court. But many advocates arguing for the HOAs contend that a good number of associations have collapsed not being able to function because of delinquent unit owners. Seth Weissman of Weissman Nowack Curry...Read More

Foreclosures and Unemployment causing Kern County to be the 15th most Stressed in America

1/1/0001 12:00 AM

Foreclosures and unemployment are causing Kern Count to be the 15th most stressed in America. It ranks 15th as regards weakness of the economy as per the findings of Associated Press Economic Stress Index. The readings are done each month. The financial strain across the country is measured by taking into account unemployment, for...Read More

Maranatha Ministries take on the Challenge of Foreclosures

1/1/0001 12:00 AM

Maranatha Ministries are taking on the challenge of foreclosures and the trail of problems it is leaving behind. It has set up a food pantry, runs counseling facilities and has even made arrangements for temporary shelter and housing. Its beginnings made twenty years previously by providing non-profit counseling. Today it is a cha...Read More

Latest Trend: Foreclosures among the Rich

1/1/0001 12:00 AM

Foreclosure has surprisingly become one of the latest trends amongst the rich. Before it was uncommon to have a single foreclosure in a month, says Chris Redden, the advertising services director of the “The Los Altos Town Crier”. However, nowadays, five luxurious and beautiful [...]

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In case of Foreclosure the PACE Liens will have to be Paid off first

1/1/0001 12:00 AM

White house has been backing a movement to give a boost to making improvements in home energy sector but it got a blow when it was opined by federal regulator that this plan posed grave risks for lenders and investors of mortgages. Fannie Mae and Freddie Mac are under the regulation of Federal Housing Finance Agency. [...]