Foreclosure and REO properties are generally tough and unique appraisal problems due to the condition of the property being appraised. For the most part, these properties have experienced lack of maintenance if not intentional damage to the dwelling. Vacant properties experience atypical damage when pipes burst, mold forms, and various other problems occur. Every problem in the dwelling presents a problem to any potential buyer, and therefore, problems to the appraiser. Estimating costs to repair is a difficult task and knowing the problems that can be caused beyond what is visibly present is only learned through experience. Our background in Real Estate, construction, and investing lends itself to proper valuations of these properties. Proper valuation of your REO property can assist you greatly in your disposal of the property.