Timely Appraisal Services is a company you can trust when it comes to foreclosures in Quinlan
Properties that have gone back to the institution's ownership and homes in foreclosure create unique appraisal difficulties.
For a property in foreclosure, you may need to recognize the difference between the fair market value and "quick disposition" price to know your probable charge-off liability. Timely Appraisal Services has the knowledge in both presenting snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your urgency.
We have the qualifications to handle the special dynamics of a foreclosure appraisal. For a company you can trust, contact Timely Appraisal Services.
Owners of dwellings in foreclosure might be uncooperative to allowing an inspection of the property, thus presenting unique challenges. Sometimes the homes have been intentionally damaged, often by the residents themselves. Or, it's likely you'll discover a house at a minimum abandoned or the home neglected for long of time.
You'll be interested in an expeditious disposition if the property has returned to REO. So you may want to know and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work done to it, with the repairs required to make the home marketable at full market value commensurate with competing real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the specific circumstances of a bank owned house, in addition to the unique information you will need -- competing listings, market trends, and so forth. You can bank on Timely Appraisal Services to take on the appraisal of your REO professionally and efficiently. Contact us today.