REO Appraisals in El Paso CountyHomes in foreclosure and houses that have returned to the lender's ownership create various appraisal problems. You need to know the difference between fair market price and "quick disposition" price to analyze what losses you could sustain when dealing with a property in foreclosure. The professionals at Zacour & Associates, Inc. can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into account your time constraints. You need a company who has the training to work with the special dynamics of a foreclosure appraisal. Contact Zacour & Associates, Inc. for a company you can count on. Occupants of in foreclosure might be uncooperative to allowing an inspection of the home, thus presenting particular challenges. They could have abandoned the house already and/or neglected care of the home for awhile - or worse, ransacked the property. If your house has returned to Real Estate Owned, you will interested in an expeditious disposition. But you might want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work performed, with the work due to make the house marketable at full market value consistent with the other properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your time line and the specific circumstances of a bank owned property, as well as the specific data you'll need -- competing listings, neighborhood trends, and the like. You can rely on Zacour & Associates, Inc. to take on the task of your REO professionally and efficiently. Contact us today. |