Call Houston Appraisal Services, Inc. to order valuations regarding Okaloosa foreclosures

Foreclosure and REO Appraisals in Okaloosa County

Houses that have reverted to the financial institution's possession and properties in foreclosure bring forth special appraisal challenges.

It's vital to know the meanings of "market value" and a "quick disposition" value to know what losses you stand to sustain when dealing with a home in foreclosure. Houston Appraisal Services, Inc. has the background in both furnishing snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into account your time line.

You need a company who has the expertise to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Houston Appraisal Services, Inc..

Owners of properties in foreclosure, naturally, can present unique challenges: They could be opposed to allowing an inspection of the house. They might have moved out of the property already and/or ignored the care of the home for a long time - or worse, intentionally harmed the property.

You will be interested in a quick disposition if the home has already changed to REO. So you might want to know about and analyze three values: "as-is", "as repaired", and "quick sale". These represent:

  • The value of the house without any repairs done to it
  • Value with the work called for to make the property marketable at full market value - in accordance with other homes in the neighborhood
  • With minimal investment in repairs - to offload the property quickly, most likely to someone inclined to finish the job themselves
Again, we understand your timeline and the unique situation of a Real Estate Owned house, as well as the unique data you will need - competing listings, neighborhood trends, and so forth. You can bank on Houston Appraisal Services, Inc. to handle the task of your REO with expertise and professionalism. Contact us today.