The Blog Author

Ryan Lundquist is a Certified Residential real estate appraiser serving the Greater Sacramento Region. He is FHA approved and does work for brokers, banks, governmental agencies, Realtors, attorneys, home owners and more. Ryan speaks some Spanish too.

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Disclaimer

The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist. The information on this website is meant soley for educational purposes and is not intended in any way to support an opinion of value for your appraisal needs or any sort of value conclusion for a loan, litigation or any other potential appraisal-related purpose. The material found on this website is meant for casual reading only. For more detailed market analysis to be used for an appraisal report or any appraisal-related purpose, please contact us for more information. Thank you.

REO

062008ins-0341We are very familiar with appraising REO properties. “REO” stands for “Real Estate Owned” and is a term used to signify that the bank or lender has taken title of a property due to foreclosure. REO properties are one of the sad realities of our market today and we are often hired (every week) by Asset Managers and other Governmental Organizations to appraise properties to help them sell off their inventory (and in turn eventually bring stability to the market hopefully).

If you are a home owner facing foreclosure and you need to have an appraisal done to present to your Lender, please contact us.

If you are an Asset Manager, bank, or agency handling foreclosure appraisals, know that we use the REO addendum regularly as a part of our appraisals and we understand the need of our clients to sell their properties at a reasonable level in probably 90 days or less.

Feel free to contact us for more information at www.lundquistcompany.com or 916-595-3735.

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PH: 916-595-3735
FAX: 916-361-1964
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www.lundquistcompany.com