Real Estate Owned Appraisals in Randall County
There are various appraisal problems regarding a property in foreclosure or one that has gone back to the lender's holding.
You need to know the difference between fair market worth and "quick disposition" price to know your potential charge-off liability when dealing with a property in foreclosure. The professionals at Anderson Appraisal, LLC can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your time constraints.
You need a company who has the qualifications to deal with the unique dynamics of a foreclosure appraisal. Contact Anderson Appraisal, LLC for a company you can trust.
Owners of homes in foreclosure, of course, can present unique challenges. They might be disinclined to allow an inspection of the property. If they left the property already, they may have ignored the care of the house for quite awhile - or unfortunately, damaged the house.
You'll be interested in an expeditious disposition if the home has already returned to Real Estate Owned. So you might want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work performed, with the work required to make the house marketable at full market value commensurate with the other properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone who'd prefer to finish the job themselves. Again, we understand your time line and the unique circumstances of a bank owned home, as well as the specific information you will need -- competing listings, neighborhood trends, and the like. You can rely on Anderson Appraisal, LLC to handle the task of your REO with expertise and professionalism. Contact us today.