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Call Barnes Appraisal Company to discuss appraisals pertaining to Comanche foreclosures

REO Appraisals in Comanche County

There are various appraisal challenges when we're talking about a property in foreclosure or one that has reverted to the lender's ownership.

It's vital to know the difference between fair market value and "quick disposition" worth to evaluate what losses you could sustain when dealing with a property in foreclosure. At Barnes Appraisal Company, we have the experience in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your timeline.

You need a company with the qualifications to handle the special dynamics of a foreclosure appraisal. For a company you can trust, contact Barnes Appraisal Company.

Owners of homes in foreclosure, of course, can present unique challenges. They might be disinclined to allow an inspection of the property. They may have left the home already and/or overlooked the care of the house for quite some time - or in some cases ransacked the property.

If your home has already gone back to bank owned, you will interested in a speedy disposition. But you might want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any work performed, with the repairs called for to make the home marketable at full market value corresponding with competing real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your urgency and the unique situation of a bank owned home, as well as the specific information you will need -- competing listings, neighborhood trends, and the like. You can rely on Barnes Appraisal Company to handle the appraisal of your REO professionally and efficiently. Contact us today.