Real Estate Owned and Foreclosure Appraisal in Brazoria County
Homes that have gone back to the institution's ownership and houses in foreclosure create various appraisal challenges.
It's key to recognize the difference between fair market value and "quick disposition" worth to analyze your likely write-down liability when dealing with a property in foreclosure. The professionals at Vestal Appraisal Solution can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into account your time line.
The professionals at Vestal Appraisal Solution have the training to work with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Vestal Appraisal Solution.
Owners of houses in foreclosure might be opposed to allowing an inspection of the property, thus presenting special challenges. They may have deserted the home already and/or ignored the care of the house for quite awhile - or worse, damaged the home.
If your property has reverted to Real Estate Owned, you will interested in a speedy disposition. But you might want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work performed, with the work due to make the property marketable at full market value appropriate with the other houses in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the special circumstances of a Real Estate Owned property, as well as the special data you'll need -- competing listings, market trends, and the like. You can bank on Vestal Appraisal Solution to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.