Call Wells & Associates Appraisal Service when you need valuations pertaining to Harris foreclosures

Foreclosure and Real Estate Owned Appraisals in Harris County

Homes in foreclosure and homes that have reverted to the institution's ownership bring forth various appraisal problems.

It's key to recognize the difference between fair market price and "quick disposition" value to analyze what losses you could sustain when dealing with a house in foreclosure. The professionals at Wells & Associates Appraisal Service can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your urgency.

Wells & Associates Appraisal Service has the experience to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Wells & Associates Appraisal Service.

Owners of property in foreclosure, of course, can present unique challenges. They might be opposed to allowing an inspection of the house. They could have moved out of the home already and/or ignored the care of the property for quite awhile - or worse, caused damage to the property.

You will be interested in an expeditious disposition if the property has already gone back to Real Estate Owned. So you might want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the value of the property without any work done to it, with the repairs needed to make the home marketable at full market value comparable with competing homes in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the specific circumstances of a bank owned property, as well as the specific data you will need -- competing listings, market trends, and the like. You can bank on Wells & Associates Appraisal Service to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.