Paradigm Appraisal Group, Inc is a company you can trust when it comes to foreclosures in Houston
There are particular appraisal difficulties when it comes to a house in foreclosure or one that has gone back to the lender's ownership.
When dealing with a property in foreclosure, it's important to know the difference between fair market worth and "quick disposition" value to know your probable charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints.
The professionals at Paradigm Appraisal Group, Inc have the expertise to deal with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Paradigm Appraisal Group, Inc.
Unique challenges might be present when dealing with owners of properties in foreclosure. They could be uncooperative to allowing an inspection of the property. They might have abandoned the property already and/or overlooked the care of the home for some time - or in some cases caused damage to the home.
If your property has already reverted to bank owned, you will interested in a fast disposition. But you might want to understand and review three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any repairs performed, with the repairs needed to make the house marketable at full market value commensurate with similar real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the special circumstances of a Real Estate Owned home, in addition to the special information you will need -- competing listings, market trends, and so forth. You can bank on Paradigm Appraisal Group, Inc to handle the appraisal of your REO professionally and efficiently. Contact us today.