Barnes Appraisal Company is a company you can trust when you need appraisals for foreclosures in Comanche
There are specific appraisal difficulties when it comes to a home in foreclosure or one that has returned to the bank's control.
You should recognize the difference between fair market worth and "quick disposition" worth to analyze what losses you stand to have to endure when dealing with a property in foreclosure. At Barnes Appraisal Company, we have the background in both furnishing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints.
We have the expertise to work with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Barnes Appraisal Company.
Occupants of property in foreclosure might be disinclined to allow an inspection of the property, thus presenting particular challenges. If they left the home already, they could have neglected care of the house for quite awhile - or unfortunately, damaged the property.
You'll be interested in a quick disposition if the property has already reverted to Real Estate Owned. So you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs performed, with the repairs due to make the house marketable at full market value consistent with similar real estate in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the specific circumstances of an REO house, in addition to the unique data you'll need -- competing listings, market trends, and so forth. You can rely on Barnes Appraisal Company to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.