Lake Area Appraisal Firm is the company you should trust when it comes to foreclosures in Calcasieu County

For a property in foreclosure, you would be wise to recognize the gap between market price and a "quick disposition" value to know your likely charge-off liability. The professionals at Lake Area Appraisal Firm can provide both snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your time line.

	The professionals at Lake Area Appraisal Firm have the qualifications to work with the special dynamics of a foreclosure appraisal. Contact Lake Area Appraisal Firm for a company you can count on.

Occupants of houses in foreclosure may be disinclined to allow an inspection of the property, thus presenting special challenges. They might have abandoned the home already and/or ignored the care of the property for some time - or gone as far as vandalized the property.

For real estate that has already returned to REO, you typically will want to get rid of it quickly. In any case, you'll still want to consider three ways of determining the value of the subject property:

• As Repaired. Value with the work needed to make the property marketable at full market value - commensurate with competing real estate in the area
• As-is. The market value of the house without any work done to it
• Quick sale. Somewhere in between, with minimal investment in repairs - to get rid of the home quickly, seemingly to someone inclined to finish the job themselves