REO Appraisals in Bexar CountyThere are various appraisal difficulties for a home in foreclosure or one that has returned to the bank's possession. For a house in foreclosure, you should know the gap between the fair market and "quick disposition" value to know your probable charge-off liability. WD Brinson & Associates has the knowledge in both furnishing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into account your urgency. You need a company with the training to handle the particular dynamics of a foreclosure appraisal. Contact WD Brinson & Associates for a company you can count on. Special challenges can be present when dealing with owners of property in foreclosure. They could be opposed to allowing an inspection of the home. Sometimes the houses have been vandalized, unfortunately by the former residents. Or, it's common to discover nobody has lived in house for months or the home neglected for long of time. If your house has already returned to bank owned, you will interested in a quick disposition. However, you might want to know and compare three values: as-is, as repaired, and "quick sale." These represent the value of the house without any work done to it, with the repairs needed to make the house marketable at full market value consistent with competing homes in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique situation of a bank owned home, as well as the specific information you'll need -- competing listings, market trends, and so forth. You can bank on WD Brinson & Associates to handle the appraisal of your bank owned property professionally and efficiently. Contact us today. |