Timely Appraisal Services is experienced when you need appraisals for bank owned properties in QuinlanThere are various appraisal challenges for a home in foreclosure or one that has returned to the lender's ownership. When there is a house in foreclosure, it's important to ascertain the difference between fair market value and "quick disposition" value to analyze your potential charge-off liability. At Timely Appraisal Services, we have the experience in both furnishing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time constraints. Timely Appraisal Services has the expertise to deal with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Timely Appraisal Services. Special challenges may be present when dealing with owners of properties in foreclosure. They might be opposed to allowing an inspection of the property. If they left the home already, they might have neglected care of the home for a long time - or worse, damaged the property. For real estate that has reverted to bank owned, you probably will want it off your hands as quickly as possible . However, you may want to know and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any work done to it, with the repairs needed to make the home marketable at full market value consistent with competing real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the special circumstances of an REO home, in addition to the special information you'll need -- competing listings, market trends, and so forth. You can bank on Timely Appraisal Services to take on the task of your bank owned property professionally and efficiently. Contact us today. |