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Call Barnes Appraisal Company to discuss valuations regarding Comanche foreclosures

Barnes Appraisal Company is a company you can trust when it comes to bank owned properties in Lawton

Houses that have reverted to the financial institution's possession and properties in foreclosure present special appraisal challenges.

When dealing with a home in foreclosure, you should know the difference between fair market price and "quick disposition" value to know your potential charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into account your urgency.

You need a company who has the expertise to work with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Barnes Appraisal Company.

Specific challenges might be present when working with owners of homes in foreclosure. They might be opposed to allowing an inspection of the property. If they deserted the house already, they could have not taken care of the property for a long time - or even worse, ransacked the property.

If your property has changed to bank owned, you will interested in an expeditious disposition. However, you might want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the value of the property without any repairs performed, with the work needed to make the property marketable at full market value consistent with similar homes in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique circumstances of an REO house, in addition to the specific data you'll need -- competing listings, neighborhood trends, and the like. You can bank on Barnes Appraisal Company to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.