Foreclosure Appraisal in Comal CountyProperties in foreclosure and houses that have reverted to the bank's possession create various appraisal challenges. It's important to know the difference between fair market value and "quick disposition" price to analyze what losses you might sustain when dealing with a home in foreclosure. Box Appraisal Services has the knowledge in both presenting snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into consideration your time line. Box Appraisal Services has the qualifications to work with the unique dynamics of a foreclosure appraisal. Contact Box Appraisal Services for a company you can count on. Specific challenges can be present when dealing with owners of homes in foreclosure. They might be opposed to allowing an inspection of the home. If they have abandoned the property already, they may have ignored the care of the house for some time - or unfortunately, damaged the property. You'll be interested in a speedy disposition if the home has changed to bank owned. So you might want to know and compare three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs performed, with the work needed to make the property marketable at full market value corresponding with similar homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the special situation of a Real Estate Owned house, in addition to the specific data you'll need -- competing listings, market trends, and the like. You can count on Box Appraisal Services to take on the task of your REO professionally and efficiently. Contact us today. |