REO Appraisals (Real Estate Owned)
Express Appraisals, Inc provides lenders and loan servicers with quality REO appraisals that provide all the detailed information required to make the best possible decision on reconciled values and disposition strategies for non-performing single-family real estate assets.
Real Estate Owned (REO)
- Completed on 1004 form for single family units.
- Addendum with list of repairs needed and cost to cure (REO Addendum if wanted)
- Competitive listings provided
- “As-is” and “As-Repaired” values
- Exterior and Interior photographs of subject and any needed repairs
- Exterior photographs of comparable sales
A Real Estate Owned or REO is a property owned by a bank or mortgage company after an unsuccessful foreclosure auction.
Express Appraisals Inc. provides REO Appraisals for Missouri (MO) and Kansas (KS).