Zacour & Associates, Inc. is a company you can trust when you need appraisals for foreclosures in El Paso
Properties that have reverted to the bank's control and homes in foreclosure present special appraisal challenges.
When there is a property in foreclosure, it's important to ascertain the difference between fair market value and "quick disposition" price to analyze your potential charge-off liability. Zacour & Associates, Inc. has the training in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency.
The professionals at Zacour & Associates, Inc. have the qualifications to handle the specific dynamics of a foreclosure appraisal. Contact Zacour & Associates, Inc. for a company you can count on.
Owners of property in foreclosure, of course, can present specific challenges. They might be unwilling to allow an inspection of the property. They might have deserted the house already and/or neglected care of the property for quite some time - or gone as far as intentionally harmed the home.
For real estate that has reverted to Real Estate Owned, you probably will be interested in a speedy disposition . However, you might want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any work done to it, with the work due to make the house marketable at full market value comparable with the other real estate 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 urgency and the unique circumstances of an REO property, in addition to the special information you will need -- competing listings, market trends, and so forth. You can bank on Zacour & Associates, Inc. to take on the task of your bank owned property with expertise and professionalism. Contact us today.