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