Crockett Appraisal Service, Inc. is a company you can trust when you need appraisals for foreclosures in El Paso
There are unique appraisal problems regarding a property in foreclosure or one that has gone back to the bank's possession.
For a property in foreclosure, you should recognize the gap between the fair market and "quick disposition" to know your possible charge-off liability. Crockett Appraisal Service, Inc. has the training in both supplying snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into account your time line.
You need a company who has the training to handle the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Crockett Appraisal Service, Inc..
Owners of dwellings in foreclosure might be uncooperative to allowing an inspection of the home, thus presenting unique challenges. If they abandoned the house already, they could have ignored the care of the house for awhile - or worse, damaged the property.
You will be interested in a quick disposition if the house has reverted to Real Estate Owned. So you might want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs done to it, with the repairs required to make the property marketable at full market value corresponding with similar houses in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the specific situation of a bank owned home, as well as the special information you will need -- competing listings, market trends, and so forth. You can bank on Crockett Appraisal Service, Inc. to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.