Mountain Home Properties is a company you can trust when it comes to bank owned properties in El PasoThere are special appraisal difficulties regarding a house in foreclosure or one that has returned to the institution's control. For a property in foreclosure, you need to understand the difference between the fair market price and "quick disposition" worth to know your potential charge-off liability. The professionals at Mountain Home Properties can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your timeline. You need a company with the expertise to deal with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Mountain Home Properties. Owners of property in foreclosure might be disinclined to allow an inspection of the property, thus presenting particular challenges. They may have deserted the property already and/or neglected care of the home for some time - or gone as far as ransacked the property. For real estate that has changed to bank owned, you most likely will want it off your hands as quickly as possible . However, you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any work done to it, with the repairs called for to make the home marketable at full market value appropriate with the other real estate in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the unique situation of a bank owned property, in addition to the specific data you'll need -- competing listings, neighborhood trends, and the like. You can count on Mountain Home Properties to take on the task of your REO professionally and efficiently. Contact us today. |