Foreclosure and Real Estate Owned Appraisals in Williamson CountyThere are specific appraisal challenges when we're talking about a property in foreclosure or one that has gone back to the bank's control.
When dealing with a house in foreclosure, you need to understand market value versus a "quick disposition" value to analyze your likely charge-off liability. At Infinite Appraisal Services, LLC, we have the knowledge in both supplying snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that consider your pressing needs.
Owners of houses in foreclosure, of course, can present particular challenges: They may be unwilling to allow us access to the house. They may have left the property already and/or ignored the care of the home for quite some time - or worse, damaged the house.
If you're dealing with property that has already changed to bank owned, you will interested in an expedited disposition. However, you might want to know about and review three values: as-is, as repaired, and "quick sale". These correspond to: