My Trilla Appraisals is a company you can trust when it comes to foreclosures in Sulphur SpringsThere are specific appraisal challenges when it comes to a home in foreclosure or one that has reverted to the institution's holding. When there is a house in foreclosure, it's important to know the difference between fair market value and "quick disposition" value to evaluate your potential charge-off liability. At My Trilla Appraisals, we have the training in both supplying snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline. The professionals at My Trilla Appraisals have the training to deal with the unique dynamics of a foreclosure appraisal. Contact My Trilla Appraisals for a company you can trust. Unique challenges might be present when dealing with owners of houses in foreclosure. They could be uncooperative to allowing an inspection of the house. They may have left the home already and/or overlooked the care of the house for awhile - or gone as far as damaged the house. If your property has already reverted to Real Estate Owned, you will interested in a quick disposition. But you might want to know and compare three values: as-is, as repaired, and "quick sale." These represent the value of the house without any repairs done to it, with the work necessary to make the property marketable at full market value consistent with the other houses 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 timeline and the unique situation of a bank owned property, as well as the specific data you'll need -- competing listings, neighborhood trends, and so forth. You can rely on My Trilla Appraisals to handle the task of your bank owned property with expertise and professionalism. Contact us today. |