Call Nordal & Associates Real Estate Appraisal when you need appraisals of San Diego foreclosures

Real Estate Owned Appraisal in San Diego County

Homes in foreclosure and homes that have reverted to the lender's control present various appraisal difficulties. Craig A. Nordal has been appraising REO's and foreclosures for 27 years! 


For a house in foreclosure, you would be wise to recognize the gap between market and a "quick disposition" assessment to know your possible charge-off liability. Nordal & Associates Real Estate Appraisal has the knowledge in both supplying snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time line.

The professionals at Nordal & Associates Real Estate Appraisal have the expertise to work with the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Nordal & Associates Real Estate Appraisal.

Specific challenges can be present when working with owners of houses in foreclosure. They may be disinclined to allow an inspection of the home. If they abandoned the property already, they could have ignored the care of the house for quite awhile - or unfortunately, damaged the house.


For a house that has already reverted to Real Estate Owned, you most likely will be going for a fast disposition. However, you might want to know and analyze three values - "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the house without any work performed
  • Value with the repairs required to make the home marketable at full market value - appropriate with similar houses in the neighborhood
  • Somewhere in between, with minimal investment in repairs - to sell the property quickly, probably as a "fixer-upper"
Again, we understand your time line and the specific situation of an REO house, as well as the specific data you will need - competing listings, market trends, and so forth. You can bank on Nordal & Associates Real Estate Appraisal to handle the task of your bank owned property with expertise and professionalism. Contact us today.