Tim Norris & Associates is experienced when it comes to bank owned properties in AllenHomes that have reverted to the institution's possession and properties in foreclosure create particular appraisal problems. When there is a house in foreclosure, you need to ascertain the difference between fair market worth and "quick disposition" price to analyze your probable charge-off liability. At Tim Norris & Associates, we have the experience in both producing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line. You need a company with the experience to deal with the specific dynamics of a foreclosure appraisal. Contact Tim Norris & Associates for a company you can trust. Owners of properties in foreclosure may be unwilling to allow an inspection of the home, thus presenting unique challenges. They may have abandoned the house already and/or overlooked the care of the home for a long time - or even worse, vandalized the home. For real estate that has already gone back to Real Estate Owned, you typically will want it off your hands as quickly as possible . But you might want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs done to it, with the work required to make the property marketable at full market value corresponding with the other homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the specific circumstances of a Real Estate Owned property, as well as the special data you will need -- competing listings, market trends, and so forth. You can rely on Tim Norris & Associates to take on the task of your bank owned property with expertise and professionalism. Contact us today. |