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Call Zacour & Associates, Inc. when you need valuations pertaining to El Paso foreclosures

Foreclosure and Real Estate Owned Appraisals in El Paso County

Properties that have gone back to the bank's holding and houses in foreclosure create particular appraisal problems.

When there is a home in foreclosure, you should recognize the difference between fair market price and "quick disposition" value to know your potential charge-off liability. At Zacour & Associates, Inc., we have the training in both producing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency.

The professionals at Zacour & Associates, Inc. have the experience to handle the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Zacour & Associates, Inc..

Unique challenges may be present when working with owners of houses in foreclosure. They might be opposed to allowing an inspection of the property. They could have moved out of the house already and/or overlooked the care of the property for awhile - or unfortunately, vandalized the property.

You'll be interested in a speedy disposition if the property has changed to bank owned. So you may want to know and review three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any work performed, with the repairs necessary to make the home marketable at full market value comparable with the other properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique circumstances of an REO home, in addition to the special data you'll need -- competing listings, market trends, and the like. You can rely on Zacour & Associates, Inc. to handle the appraisal of your REO professionally and efficiently. Contact us today.