Gutierrez Appraisals is experienced when it comes to bank owned properties in Tulare County

When there is a house in foreclosure, it's important to know market value versus a "quick disposition" value to analyze your possible charge-off liability. Gutierrez Appraisals has the background in both providing snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your urgency.

	You need a company with the training to handle the special dynamics of a foreclosure appraisal. Contact Gutierrez Appraisals for a company you can rely on.

Owners of properties in foreclosure, of course, can present special challenges. They might be opposed to allowing an inspection of the home. Often the subjects have been vandalized, unfortunately at the hands of the residents themselves. Or, it's common to discover the families have moved out or the home languishing in disrepair for long periods of time.

You'll be interested in a quick disposition if the property has already returned to Real Estate Owned. So you need to know and analyze three values: "as-is", "as repaired", and "quick sale". These symbolize:

• The value of the house without any repairs done to it
• Value with the work due to make the house marketable at full market value - appropriate with competing real estate in the area
• With minor investment in repairs - to get rid of the property quickly, possibly as a "fixer-upper"