Call JC Reynolds Appraisals, Inc. to discuss valuations regarding Dallas foreclosures

JC Reynolds Appraisals, Inc. is the company you should trust when you need appraisals for bank owned properties in Dallas/Ft Worth and surrounding areas

Homes that have gone back to the institution's control and homes in foreclosure present specific appraisal challenges.

 

For a house in foreclosure, you need to recognize the gap between market value and a "quick disposition" assessment to know your likely charge-off liability. We can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your urgency.

The professionals at JC Reynolds Appraisals, Inc. have the expertise to work with the particular dynamics of a foreclosure appraisal. Contact JC Reynolds Appraisals, Inc. for a company you can trust.

Owners of houses in foreclosure can present specific challenges. They may be opposed to allowing the appraiser access to the home. They might have left the property already and/or ignored the care of the house for some time - or even worse, caused damage to the property.

 

You'll be interested in a quick disposition if the home has already changed to Real Estate Owned. So you may want to know about and review three values: "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the property without any repairs done to it
  • Possible value with the repairs necessary to make the home marketable at full market value - appropriate with competing homes in the neighborhood
  • Somewhere in between, with minimal investment in repairs - to get rid of the property quickly, likely to someone who'd prefer to finish the job themselves
Again, we understand your time line and the special circumstances of a Real Estate Owned house, in addition to the special information you'll need - competing listings, market trends, and so forth. You can bank on JC Reynolds Appraisals, Inc. to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.