REO Appraisal in Hunt CountyProperties that have reverted to the financial institution's holding and houses in foreclosure present special appraisal problems. For a house in foreclosure, you may need to know the gap between fair market worth and "quick disposition" value to know your possible charge-off liability. The professionals at Timely Appraisal Services can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline. You need a company who has the training to work with the unique dynamics of a foreclosure appraisal. Contact Timely Appraisal Services for a company you can rely on. Owners of properties in foreclosure, of course, can present specific challenges. They might be uncooperative to allowing an inspection of the property. They might have deserted the home already and/or ignored the care of the home for quite awhile - or gone as far as damaged the house. For real estate that has returned to Real Estate Owned, you probably will be interested in an expeditious disposition . However, you may want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs done to it, with the work required to make the property marketable at full market value consistent with competing properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the specific situation of an REO property, in addition to the unique data you will need -- competing listings, neighborhood trends, and so forth. You can rely on Timely Appraisal Services to handle the appraisal of your REO professionally and efficiently. Contact us today. |