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REO Properties and REO Appraisals |
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Coester Appraisal Group offers REO Valuations for
Pre-Foreclosure and Foreclosure activity. An REO
valuation is unique as it assist the note owner in
making a decision to foreclose, modify, or short
sale the home.
The accuracy of these valuations are critical as a
lower or higher number could assist someone in
making a bad decision or a really good one.
REO properties are unique as they come in all
conditions and each has its own unique set of
problems in regards to valuating the property.
Various techniques are used to value REO properties
from a AVM, BPO, Drive- By or full appraisal. Each
is used for a different purpose and at a different
stage of the process.
An
AVM might be used when a borrower misses a few
payments, a
BPO as risk increase and the borrower become sub
performing, a
Drive-By when foreclosure is starting and then a
full blown
appraisal after ownership is taken.
The most accurate valuation is by far is the full
appraisal with the REO addendum however, due to the
property being occupied sometimes this is not an
option until ownership is taken place.
If the property is going to be sold right away
sometimes having a realtor provide a BPO Valuation
is a good course to follow as they typically will
have a few buyers lined up and could sell and the
cost is much less than a full appraisal.
Regardless of which course you choose Coester
Appraisal Group offers a full service REO Properties
and can even help in the sale of multiple REO
properties.
Get more
information
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We have had some of the same clients for
over 15 years.
To be with the best you have to work with
the best let Coester Appraisal Group show
you why so many companies have chosen
Coester Appraisal Group as their valuation
source.
Let Coester make your life immediately
better.
Contact us
today !!
Call us now at (888) 485-1999 ext
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See Coester in Action |
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