REO and Foreclosure Appraisal in Tulsa CountyThere are special appraisal problems when we're talking about a house in foreclosure or one that has gone back to the institution's holding. For a house in foreclosure, you might need to understand the gap between fair market price and "quick disposition" price to know your potential charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time constraints. You need a company with the experience to work with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Brent Turney Inc.. Specific challenges can be present when working with owners of property in foreclosure. They may be disinclined to allow an inspection of the house. Often the properties show signs of vandalism, often by the residents themselves. Or, it's common to discover a house at least abandoned or the home languishing in disrepair for extended periods of time. If your home has already gone back to Real Estate Owned, you will interested in an expedited disposition. However, you may want to know and compare 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 called for to make the property marketable at full market value comparable with similar houses in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the special circumstances of an REO property, in addition to the special data you will need -- competing listings, market trends, and so forth. You can bank on Brent Turney Inc. to take on the task of your bank owned property professionally and efficiently. Contact us today. |