Barnes Appraisal Company is a company you can trust when it comes to bank owned properties in Comanche
Homes that have reverted to the institution's holding and homes in foreclosure create unique appraisal challenges.
For a house in foreclosure, you might need to know the gap between fair market worth and "quick disposition" price to know your probable charge-off liability. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your urgency.
Barnes Appraisal Company has the training to deal with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Barnes Appraisal Company.
Unique challenges might be present when dealing with owners of properties in foreclosure. They might be disinclined to allow an inspection of the home. If they left the home already, they may have neglected care of the house for quite some time - or even worse, damaged the home.
You will be interested in a speedy disposition if the property has already returned to REO. So you need to understand and analyze three values: as-is, as repaired, and "quick sale." These symbolize 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 the other properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the unique circumstances of a Real Estate Owned home, as well as the special data you will need -- competing listings, neighborhood trends, and so forth. You can rely on Barnes Appraisal Company to take on the appraisal of your REO professionally and efficiently. Contact us today.