Foreclosure and Real Estate Owned Appraisals in Denton CountyProperties that have returned to the bank's holding and houses in foreclosure create special appraisal challenges. When there is a house in foreclosure, you should know the difference between fair market price and "quick disposition" worth to evaluate your probable charge-off liability. Bold Appraiser Services has the training in both providing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your time constraints. You need a company who has the qualifications to work with the unique dynamics of a foreclosure appraisal. Contact Bold Appraiser Services for a company you can trust. Occupants of in foreclosure might be uncooperative to allowing an inspection of the house, thus presenting specific challenges. Often the homes have been intentionally damaged, often by the former residents. Or, it's common to discover a house at least abandoned or the home languishing in disrepair for extended periods of time. For real estate that has already gone back to REO, you most likely will want to get rid of it quickly . But you may want to understand and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs performed, with the work called for to make the home marketable at full market value appropriate with competing real estate in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the special circumstances of a bank owned house, as well as the specific data you will need -- competing listings, market trends, and so forth. You can rely on Bold Appraiser Services to take on the task of your bank owned property with expertise and professionalism. Contact us today. |