![]() Foreclosure Appraisals in El Paso CountyReal Estate in foreclosure and properties that have returned to the financial institution's control bring forth various appraisal problems. For a home in foreclosure, you should recognize the gap between the fair market worth and "quick disposition" value to know your potential charge-off liability. The professionals at Zacour & Associates, Inc. can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your timeline. You need a company with the expertise to work with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Zacour & Associates, Inc.. Owners of houses in foreclosure might be unwilling to allow an inspection of the property, thus presenting particular challenges. If they abandoned the home already, they might have not taken care of the home for quite awhile - or worse, damaged the home. If your property has already gone back to REO, you will interested in a fast disposition. But you might want to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs done to it, with the repairs needed to make the property marketable at full market value comparable with competing real estate in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your time line and the special circumstances of a bank owned house, in addition to the unique data you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Zacour & Associates, Inc. to take on the task of your bank owned property professionally and efficiently. Contact us today. |