Elite Appraisal Services is experienced when you need appraisals for foreclosures in PearlandThere are unique appraisal difficulties involved in a house in foreclosure or one that has returned to the financial institution's possession. For a property in foreclosure, you should understand the gap between the fair market worth and "quick disposition" worth to know your probable charge-off liability. At Elite Appraisal Services, we have the experience in both supplying snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your time constraints. You need a company with the training to handle the unique dynamics of a foreclosure appraisal. Contact Elite Appraisal Services for a company you can trust. Owners of in foreclosure might be disinclined to allow an inspection of the home, thus presenting specific challenges. Sometimes the subjects have been vandalized, often by the residents. Or, it's common to discover the previous owners have moved out or the home neglected for long of time. For real estate that has already changed to bank owned, you likewise will be seeking an expeditious resolution . But you might want to understand and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any repairs done to it, with the work required to make the home marketable at full market value comparable with the other houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the specific situation of an REO house, in addition to the unique information you'll need -- competing listings, neighborhood trends, and the like. You can rely on Elite Appraisal Services to handle the task of your REO with expertise and professionalism. Contact us today. |