Zacour & Associates, Inc. is a company you can trust when it comes to foreclosures in El Paso
Houses that have reverted to the bank's control and houses in foreclosure bring forth specific appraisal problems.
You should ascertain the difference between fair market value and "quick disposition" value to know what losses you could sustain when dealing with a property in foreclosure. Zacour & Associates, Inc. has the background in both furnishing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into account your urgency.
You need a company with the experience to handle the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Zacour & Associates, Inc..
Unique challenges may be present when working with owners of property in foreclosure. They could be unwilling to allow an inspection of the house. They might have abandoned the house already and/or ignored the care of the property for some time - or even worse, intentionally harmed the home.
If your home has gone back to REO, you will interested in an expeditious disposition. But you might want to understand and review three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any work performed, with the work needed to make the house marketable at full market value appropriate with similar real estate in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your time line and the unique circumstances of a bank owned house, in addition to the specific data you will need -- competing listings, neighborhood trends, and so forth. You can bank on Zacour & Associates, Inc. to take on the appraisal of your REO with expertise and professionalism. Contact us today.