Elite Appraisal Services is experienced when it comes to foreclosures in Brazoria
Houses that have reverted to the institution's control and homes in foreclosure create particular appraisal problems.
It's important to recognize the difference between fair market worth and "quick disposition" price to know what losses you might realize when dealing with a home in foreclosure. Elite Appraisal Services has the experience in both furnishing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your time line.
We have the experience to work with the specific dynamics of a foreclosure appraisal. Contact Elite Appraisal Services for a company you can count on.
Particular challenges can be present when dealing with owners of property in foreclosure. They may be opposed to allowing an inspection of the property. If they moved out of the property already, they could have ignored the care of the property for some time - or worse, caused damage to the home.
If your home has changed to bank owned, you will interested in a speedy disposition. However, you may want to know and review three values: as-is, as repaired, and "quick sale." These represent the value of the property without any work done to it, with the repairs due to make the property marketable at full market value commensurate with similar properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the special situation of an REO house, in addition to the unique data you'll need -- competing listings, neighborhood trends, and the like. You can count on Elite Appraisal Services to take on the task of your REO professionally and efficiently. Contact us today.