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Call Don C. Box and Associates to order valuations for Travis foreclosures

REO and Foreclosure Appraisal in Travis County

Properties that have returned to the bank's possession and homes in foreclosure create special appraisal problems.

It's key to recognize the meanings of "market value" and a "quick disposition" price to know what losses you might sustain when dealing with a house in foreclosure. We can provide both snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your urgency.

You need a company with the qualifications to handle the specific dynamics of a foreclosure appraisal. Contact Don C. Box and Associates for a company you can rely on.

Owners of homes in foreclosureunfortunately can present unique challenges: For example, they could be uncooperative when it comes to allowing the appraiser access to the home. If they have abandoned the property already, they could have not taken care of the home for quite some time - or even worse, damaged the property.

For real estate that has reverted to Real Estate Owned, you typically will want it off your hands as quickly as possible. 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 similar real estate in the neighborhood
  • As-is. The market value of the property without any work done to it
  • Quick sale. Somewhere in the middle, with minimal investment in repairs - to offload the home quickly, seemingly as a "fixer-upper"
Again, we understand your timeline and the special circumstances of a Real Estate Owned house, in addition to the special information you'll need - competing listings, neighborhood trends, and the like. You can bank on Don C. Box and Associates to take on the task of your bank owned property professionally and efficiently. Contact us today.