Center Point Valuation is the company you should trust when it comes to bank owned properties in Lake County

For a home in foreclosure, you would be wise to know the difference between market value and a "quick disposition" price to know your potential charge-off liability. Center Point Valuation has the experience in both supplying snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your time constraints.

	We have the qualifications to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Center Point Valuation.

Occupants of properties in foreclosure may be disinclined to allow an inspection of the property, thus presenting special challenges. Often the subjects have been ransacked, often at the hands of the former residents themselves. Or, it's common to find a house at least abandoned or the home languishing in disrepair for extended periods of time.

For a property that has already returned to REO, you most likely will want to get rid of it quickly. Regardless, you'll still want to consider three angles for figuring the value of the asset (or in some cases, liability):

• As Repaired. Possible market value with the work due to make the property marketable at full market value - appropriate with similar homes in the neighborhood
• As-is. The market value of the home without any repairs performed
• Quick sale. Somewhere in between, with minimal investment in repairs - to sell the property quickly, probably as a "fixer-upper"