ATX Appraisals is a company you can trust when it comes to bank owned properties in LeanderThere are various appraisal difficulties involved in a home in foreclosure or one that has returned to the financial institution's control. When dealing with a house in foreclosure, it's important to know the difference between fair market value and "quick disposition" value to know your likely charge-off liability. ATX Appraisals has the background in both supplying snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line. ATX Appraisals has the expertise to deal with the unique dynamics of a foreclosure appraisal. Contact ATX Appraisals for a company you can rely on. Owners of property in foreclosure could be unwilling to allow an inspection of the house, thus presenting unique challenges. They might have deserted the house already and/or neglected care of the house for some time - or worse, ransacked the property. If your home has returned to Real Estate Owned, you will interested in a fast disposition. However, you may want to understand and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work performed, with the work necessary to make the property marketable at full market value comparable with the other houses 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 urgency and the specific circumstances of a Real Estate Owned house, in addition to the unique data you will need -- competing listings, neighborhood trends, and so forth. You can bank on ATX Appraisals to handle the task of your REO with expertise and professionalism. Contact us today. |