Larry Jr Appraisals is experienced when it comes to bank owned properties in San AngeloThere are specific appraisal difficulties for a house in foreclosure or one that has returned to the institution's control. For a house in foreclosure, you might need to know the difference between the fair market price and "quick disposition" price to know your probable charge-off liability. At Larry Jr Appraisals, we have the knowledge in both furnishing snapshots of fair market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your time constraints. You need a company who has the training to work with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Larry Jr Appraisals. Special challenges may be present when dealing with owners of property in foreclosure. They could be unwilling to allow an inspection of the home. They might have left the property already and/or neglected care of the property for quite awhile - or in some cases vandalized the house. If your property has already reverted to bank owned, you will interested in a quick disposition. However, you may want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any work done to it, with the work called for to make the house marketable at full market value corresponding with competing houses in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the unique circumstances of a Real Estate Owned home, in addition to the specific information you will need -- competing listings, neighborhood trends, and so forth. You can bank on Larry Jr Appraisals to take on the task of your bank owned property with expertise and professionalism. Contact us today. |