Barnes Appraisal Company is a company you can trust when it comes to bank owned properties in Lawton
Properties in foreclosure and homes that have reverted to the lender's control bring forth special appraisal problems.
When dealing with a property in foreclosure, you need to know the difference between fair market worth and "quick disposition" value to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your timeline.
You need a company with the experience to handle the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Barnes Appraisal Company.
Owners of homes in foreclosure might be opposed to allowing an inspection of the home, thus presenting unique challenges. If they abandoned the house already, they could have ignored the care of the house for awhile - or unfortunately, caused damage to the house.
If your property has already gone back to Real Estate Owned, you will interested in an expeditious disposition. But you may want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs performed, with the repairs called for to make the property marketable at full market value comparable with the other properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely to someone who'd prefer to finish the job themselves. Again, we understand your time line and the special circumstances of a Real Estate Owned property, in addition to the specific information you will need -- competing listings, neighborhood trends, and the like. You can bank on Barnes Appraisal Company to take on the appraisal of your REO professionally and efficiently. Contact us today.