Elite Appraisal Services is experienced when you need appraisals for foreclosures in Pearland
Properties that have reverted to the financial institution's control and properties in foreclosure bring forth unique appraisal challenges.
For a home in foreclosure, you need to understand the difference between the fair market price and "quick disposition" worth to know your probable charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into account your time line.
We have the qualifications to deal with the special dynamics of a foreclosure appraisal. Contact Elite Appraisal Services for a company you can trust.
Special challenges may be present when dealing with owners of property in foreclosure. They could be unwilling to allow an inspection of the home. If they left the property already, they may have neglected care of the house for awhile - or even worse, caused damage to the home.
If your property has already gone back to bank owned, you will interested in an expedited disposition. But you may want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs performed, with the work called for to make the house marketable at full market value comparable with the other homes in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your urgency and the unique situation of an REO property, in addition to the unique data you will need -- competing listings, market trends, and the like. You can count on Elite Appraisal Services to handle the appraisal of your REO with expertise and professionalism. Contact us today.