Timely Appraisal Services is a company you can trust when it comes to bank owned properties in Hunt
Homes in foreclosure and properties that have reverted to the institution's ownership create unique appraisal challenges.
For a home in foreclosure, you may need to understand the difference between fair market and "quick disposition" value to know your probable 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 urgency.
You need a company who has the training to work with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Timely Appraisal Services.
Owners of dwellings in foreclosure might be unwilling to allow an inspection of the house, thus presenting specific challenges. If they left the home already, they may have neglected care of the home for quite some time - or unfortunately, ransacked the property.
If your house has reverted to bank owned, you will interested in an expedited disposition. But you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any repairs performed, with the work needed to make the house marketable at full market value comparable with competing homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the special situation of a bank owned property, in addition to the specific data you'll need -- competing listings, neighborhood trends, and the like. You can bank on Timely Appraisal Services to take on the task of your bank owned property with expertise and professionalism. Contact us today.