Barnes Appraisal Company is a company you can trust when it comes to bank owned properties in Lawton
Properties that have gone back to the institution's possession and homes in foreclosure present various appraisal challenges.
You should recognize the difference between fair market value and "quick disposition" worth to analyze what losses you could realize when dealing with a home in foreclosure. The professionals at Barnes Appraisal Company can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your timeline.
Barnes Appraisal Company has the training to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Barnes Appraisal Company.
Owners of property in foreclosure, of course, can present special challenges. They might be unwilling to allow an inspection of the property. They could have abandoned the property already and/or overlooked the care of the house for quite awhile - or in some cases ransacked the home.
If your home has reverted to bank owned, you will interested in a quick disposition. However, you may want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs performed, with the repairs necessary to make the house marketable at full market value corresponding with similar homes in the neighborhood, 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 situation of an REO house, in addition to the unique information you will need -- competing listings, neighborhood trends, and the like. You can count on Barnes Appraisal Company to take on the task of your REO professionally and efficiently. Contact us today.