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Call Bonded Real Estate Appraisal Service, LLC to order appraisals on El Paso foreclosures

Foreclosure Appraisals in El Paso County

Real Estate in foreclosure and properties that have reverted to the financial institution's control bring forth various appraisal challenges.

For a home in foreclosure, you need to understand the difference between the market and a "quick disposition" to know your likely charge-off liability. The professionals at Bonded Real Estate Appraisal Service, LLC can provide both snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your urgency.

We have the experience to handle the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Bonded Real Estate Appraisal Service, LLC.

Owners of property in foreclosureunfortunately can present special challenges: They could be unwilling to allow us access to the house. They may have left the home already and/or neglected care of the property for a long time - or worse, caused damage to the house.

For real estate that has already gone back to Real Estate Owned, you most likely will be going for an expeditious resolution. Regardless, you'll still want to consider three angles for looking at the value of the real estate at hand:

  • As Repaired. Possible market value with the repairs due to make the property marketable at full market value - appropriate with competing properties in the area
  • As-is. The value of the home without any work performed
  • Quick sale. With minimal investment in repairs - to offload the home quickly, likely as a "fixer-upper"
Again, we understand your time line and the special situation of a bank owned property, as well as the unique information you will need - competing listings, market trends, and the like. You can count on Bonded Real Estate Appraisal Service, LLC to handle the task of your REO with expertise and professionalism. Contact us today.