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Call Barnes Appraisal Company to order valuations of Comanche foreclosures

Real Estate Owned Appraisal in Comanche County

Houses that have reverted to the bank's ownership and houses in foreclosure present unique appraisal difficulties.

For a home in foreclosure, you might need to recognize the gap between fair market and "quick disposition" price to know your potential charge-off liability. Barnes Appraisal Company has the knowledge in both furnishing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your urgency.

Barnes Appraisal Company has the qualifications to work with the unique dynamics of a foreclosure appraisal. Contact Barnes Appraisal Company for a company you can rely on.

Owners of dwellings in foreclosure might be opposed to allowing an inspection of the house, thus presenting particular challenges. Often the properties have been ransacked, unfortunately by the former residents. Or, it's likely you'll discover a house at a minimum abandoned or the home languishing in disrepair for long of time.

You'll be interested in a fast disposition if the home has already returned to REO. So you need to know and examine three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work performed, with the work due to make the house marketable at full market value comparable with competing homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the specific situation of a Real Estate Owned home, as well as the specific data you'll need -- competing listings, market trends, and so forth. You can bank on Barnes Appraisal Company to handle the task of your REO with expertise and professionalism. Contact us today.