Anderson Appraisal, LLC is experienced when you need appraisals for foreclosures in Amarillo
Properties in foreclosure and houses that have gone back to the bank's possession present special appraisal problems.
For a property in foreclosure, you need to know the gap between fair market value and "quick disposition" to know your likely charge-off liability. At Anderson Appraisal, LLC, we have the knowledge in both providing snapshots of fair market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your urgency.
The professionals at Anderson Appraisal, LLC have the training to handle the unique dynamics of a foreclosure appraisal. Contact Anderson Appraisal, LLC for a company you can rely on.
Owners of properties in foreclosure, of course, can present special challenges. They might be unwilling to allow an inspection of the property. If they have abandoned the home already, they might have neglected care of the home for quite awhile - or even worse, damaged the house.
You'll be interested in a fast disposition if the home has already changed to bank owned. So you need to understand and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any repairs done to it, with the work necessary to make the property marketable at full market value commensurate with similar homes in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the specific situation of an REO home, in addition to the specific data you will need -- competing listings, market trends, and so forth. You can bank on Anderson Appraisal, LLC to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.