Anderson Appraisal, LLC is a company you can trust when it comes to foreclosures in AmarilloThere are unique appraisal difficulties regarding a house in foreclosure or one that has reverted to the bank's possession. For a home in foreclosure, you need to recognize the gap between the fair market worth and "quick disposition" value to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time line. Anderson Appraisal, LLC has the training to handle the unique dynamics of a foreclosure appraisal. Contact Anderson Appraisal, LLC for a company you can trust. Owners of homes in foreclosure, of course, can present unique challenges. They could be opposed to allowing an inspection of the home. They could have abandoned the property already and/or ignored the care of the house for quite awhile - or unfortunately, caused damage to the home. You will be interested in an expedited disposition if the home has already gone back to bank owned. So you may want to know and examine three values: as-is, as repaired, and "quick sale." These represent the value of the property without any repairs done to it, with the work necessary to make the property marketable at full market value commensurate with competing real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your time line and the specific situation of a bank owned property, as well as the special information you will need -- competing listings, market trends, and the like. You can rely on Anderson Appraisal, LLC to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |