Call to order valuations on Fairfax City foreclosures

Bruce W. Reyle Real Estate Appraisers & Consultants is a company you can trust when it comes to foreclosures.

There are various appraisal challenges regarding a house in foreclosure or one that has reverted to the institution's ownership.

When there is a property in foreclosure, it's important to ascertain the difference between fair market price and "quick disposition" price to evaluate your likely charge-off liability. has the experience in both furnishing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your urgency.

You need a company who has the experience to handle the specific dynamics of a foreclosure appraisal. Contact for a company you can count on.

REO & Foreclosure Appraisals

Foreclosed properties often come with unique challenges. In some cases, current occupants may be uncooperative or unwilling to allow access for an inspection. In others, the home may already be vacant, but left in poor condition due to neglect—or, in unfortunate situations, even vandalism.

If the property has already reverted to bank ownership, you're likely focused on a fast resolution. However, understanding the property’s value in multiple scenarios is critical for making informed decisions. These typically include:

As-is value, reflecting the current condition of the property
As-repaired value, representing its potential market value once necessary repairs are completed
Quick-sale value, estimating what it could sell for with minimal improvements, likely marketed as a "fixer-upper"

At Bruce W. Reyle Real Estate Appraisers & Consultants, we understand the urgency and specific requirements that come with REO properties. Our team provides the reliable valuation insights you need, including local market trends, competing listings, and pricing strategies. You can rely on us to handle your bank-owned assets with the highest level of professionalism and expertise.