Real Estate Owned and Foreclosure Appraisal in Comal CountyHouses in foreclosure and homes that have reverted to the financial institution's possession present various appraisal difficulties. For a house in foreclosure, you may need to know the difference between fair market worth and "quick disposition" price to know your probable charge-off liability. At Tuttle Residential Appraisal, we have the knowledge in both supplying snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your urgency. You need a company who has the expertise to deal with the particular dynamics of a foreclosure appraisal. Contact Tuttle Residential Appraisal for a company you can trust. Unique challenges might be present when dealing with owners of houses in foreclosure. They might be uncooperative to allowing an inspection of the home. Sometimes the subjects show signs of vandalism, unfortunately by the residents themselves. Or, it's likely you'll find the families have moved out or the home languishing in disrepair for extended periods of time. You will be interested in an expedited disposition if the home has already reverted to REO. So you need to understand and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any work performed, with the work called for to make the property marketable at full market value commensurate with similar houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly to someone who'd rather finish the job themselves. Again, we understand your time line and the special situation of an REO property, in addition to the specific data you'll need -- competing listings, neighborhood trends, and the like. You can bank on Tuttle Residential Appraisal to handle the task of your bank owned property professionally and efficiently. Contact us today. |