Call TEXAS REAL ESTATE APPRAISERS when you need valuations on Johnson foreclosures

TEXAS REAL ESTATE APPRAISERS is experienced when you need appraisals for bank owned properties in North Texas Counties. 

Houses that have reverted to the bank's ownership and houses in foreclosure bring forth specific appraisal difficulties.

It's key to differentiate the meanings of "market value" and a "quick disposition" price to know what losses you might sustain when dealing with a home in foreclosure. The professionals at TEXAS REAL ESTATE APPRAISERS can provide both snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your time line.

You need a company with the experience to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact TEXAS REAL ESTATE APPRAISERS.

Owners of houses in foreclosure can present particular challenges: They could be opposed to allowing us access to the home. If they abandoned the house already, they could have not taken care of the property for some time - or unfortunately, damaged the house.

For a house that has already returned to bank owned, you probably will want to get rid of it quickly. Regardless, you'll still want to consider three ways of figuring the value of the real estate at hand:

  • As Repaired. Possible market value with the repairs due to make the home marketable at full market value - appropriate with competing properties in the neighborhood
  • As-is. The market value of the property without any repairs done to it
  • Quick sale. Somewhere in between, with minor investment in repairs - to sell the property quickly, probably to someone inclined to finish the job themselves
Again, we understand your timeline and the special situation of a bank owned property, as well as the special information you'll need - competing listings, market trends, and the like. You can rely on TEXAS REAL ESTATE APPRAISERS to take on the appraisal of your REO with expertise and professionalism. Contact us today.