Call Lloyd Appraisal Services, LLC when you need appraisals pertaining to Pike foreclosures

Lloyd Appraisal Services, LLC is the company you should trust when it comes to foreclosures in Pike County

Real Estate in foreclosure and homes that have reverted to the bank's ownership present special appraisal challenges.

For a house in foreclosure, you should recognize the difference between the market price and a "quick disposition" price to know your potential charge-off liability. At Lloyd Appraisal Services, LLC, we have the training in both providing snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your pressing needs.

You need a company with the experience to work with the special dynamics of a foreclosure appraisal. Contact Lloyd Appraisal Services, LLC for a company you can .

Owners of properties in foreclosureunfortunately can present unique challenges: For example, they may be opposed to allowing an inspection of the home. They could have left the home already and/or neglected care of the house for quite some time - or unfortunately, intentionally harmed the home.

For real estate that has already reverted to REO, you most likely will be going for an expedited disposition. In any case, you'll still want to consider three ways of determining the value of the asset (or in some cases, liability):

  • As Repaired. Value with the repairs necessary to make the house marketable at full market value - comparable with competing houses in the area
  • As-is. The market value of the house without any repairs performed
  • Quick sale. Somewhere in the middle, with minimal investment in repairs - to sell the home quickly, seemingly as a "fixer-upper"
Again, we understand your time line and the specific situation of a bank owned property, as well as the unique data you will need - competing listings, neighborhood trends, and the like. You can rely on Lloyd Appraisal Services, LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today.