Elite Appraisal Services is a company you can trust when it comes to foreclosures in Brazoria
There are special appraisal challenges when we're talking about a home in foreclosure or one that has reverted to the lender's possession.
When dealing with a property in foreclosure, it's important to understand the difference between fair market value and "quick disposition" worth to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your time constraints.
We have the training to deal with the unique dynamics of a foreclosure appraisal. Contact Elite Appraisal Services for a company you can trust.
Owners of homes in foreclosure might be opposed to allowing an inspection of the property, thus presenting unique challenges. They may have abandoned the home already and/or overlooked the care of the home for awhile - or even worse, ransacked the house.
If your house has reverted to REO, you will interested in a quick disposition. However, you may want to know and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the work due to make the house marketable at full market value comparable with the other houses 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 timeline and the special circumstances of a Real Estate Owned home, as well as the specific data you will need -- competing listings, neighborhood trends, and so forth. You can count on Elite Appraisal Services to handle the appraisal of your REO with expertise and professionalism. Contact us today.