Brent Turney Inc. is the company you should trust when it comes to foreclosures in Tulsa CountyThere are specific appraisal difficulties regarding a home in foreclosure or one that has gone back to the financial institution's ownership.
When there is a house in foreclosure, you should understand market value versus a "quick disposition" assessment to analyze your potential charge-off liability. The professionals at Brent Turney Inc. can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your urgency.
Owners of properties in foreclosureunfortunately can present special challenges: For example, they may be unwilling to allow us access to the home. They may have deserted the home already and/or ignored the care of the home for some time - or unfortunately, caused damage to the house.
For real estate that has changed to REO, you likewise will be going for a quick disposition. Regardless, you'll still want to consider three angles for determining the value of the asset: