B & B Valuations, LLC is a company you can trust when you need appraisals for foreclosures in KatyThere are particular appraisal challenges for a home in foreclosure or one that has reverted to the lender's possession. When there is a home in foreclosure, it's important to understand the difference between fair market price and "quick disposition" price to evaluate your possible charge-off liability. B & B Valuations, LLC has the experience in both providing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time constraints. The professionals at B & B Valuations, LLC have the expertise to deal with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact B & B Valuations, LLC. Specific challenges might be present when working with owners of property in foreclosure. They might be opposed to allowing an inspection of the property. If they abandoned the home already, they might have ignored the care of the house for quite some time - or unfortunately, ransacked the property. You will be interested in a speedy disposition if the house has already changed to Real Estate Owned. So you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work performed, with the work required to make the property marketable at full market value commensurate with the other homes in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the special circumstances of a bank owned home, as well as the specific data you will need -- competing listings, neighborhood trends, and so forth. You can bank on B & B Valuations, LLC to take on the task of your bank owned property professionally and efficiently. Contact us today. |