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Call Boldrick Appraisal to order valuations for Hays foreclosures

Boldrick Appraisal is the company you can trust when it comes to bank owned properties in the Austin area

Houses that have returned to the institution's ownership and houses in foreclosure create particular appraisal problems.

For a property in foreclosure, you should understand the gap between the market value and a "quick disposition" assessment to know your possible 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 pressing needs.

We have the experience to handle the special dynamics of a foreclosure appraisal. For a company you can count on, contact Boldrick Appraisal.

Specific challenges can be present when working with owners of property in foreclosure. They might be unwilling to allow an inspection of the property. If they left the property already, they could have neglected care of the house for a long time - or unfortunately, damaged the house.

For real estate that has gone back to bank owned, you likewise will be interested in a speedy resolution. In any case, you'll still want to consider three ways of looking at the value of the real estate at hand:

  • As Repaired. Possible market value with the repairs called for to make the home marketable at full market value - comparable with competing houses in the area
  • As-is. The value of the home without any repairs done to it
  • Quick sale. Somewhere in the middle, with minor investment in repairs - to get rid of the home quickly, likely to someone who'd rather finish the job themselves
Again, we understand your urgency and the special situation of an REO property, as well as the specific data you will need - competing listings, market trends, and so forth. You can bank on Boldrick Appraisal to handle the appraisal of your REO professionally and efficiently. Contact us today.