Brent Turney Inc. is experienced when you need appraisals for bank owned properties in TulsaThere are specific appraisal challenges for a house in foreclosure or one that has gone back to the lender's ownership. You should ascertain the difference between fair market value and "quick disposition" worth to evaluate your possible write-down liability when dealing with a home in foreclosure. 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. We have the experience to work with the unique dynamics of a foreclosure appraisal. Contact Brent Turney Inc. for a company you can rely on. Particular challenges can be present when working with owners of homes in foreclosure. They might be opposed to allowing an inspection of the home. Often the properties have been vandalized, unfortunately at the hands of the former residents. Or, it's likely you'll discover the previous owners have moved out or the home languishing in disrepair for long of time. For a home that has changed to REO, you probably will be going for an expeditious disposition . However, you might want to know and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs done to it, with the work due to make the house marketable at full market value consistent with the other real estate 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 a bank owned home, as well as the special information you'll need -- competing listings, neighborhood trends, and the like. You can bank on Brent Turney Inc. to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today. |