Barnes Appraisal Company is a company you can trust when you need appraisals for bank owned properties in Comanche
There are special appraisal problems for a home in foreclosure or one that has gone back to the bank's control.
When dealing with a house in foreclosure, it's important to recognize the difference between fair market price and "quick disposition" price to analyze your likely charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time line.
Barnes Appraisal Company has the qualifications to handle the particular dynamics of a foreclosure appraisal. Contact Barnes Appraisal Company for a company you can rely on.
Owners of property in foreclosure may be uncooperative to allowing an inspection of the property, thus presenting specific challenges. If they deserted the property already, they might have neglected care of the home for quite some time - or worse, caused damage to the property.
For real estate that has changed to bank owned, you most likely will be interested in a quick resolution . But you may want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any work performed, with the repairs called for to make the home marketable at full market value commensurate with the other homes in the area, and, somewhere in the middle, 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 timeline and the specific circumstances of a Real Estate Owned house, as well as the unique information you will need -- competing listings, market trends, and the like. You can count on Barnes Appraisal Company to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.