Home Team Appraisals is the company you should trust when it comes to bank owned properties in Harris County

When dealing with a property in foreclosure, you need to differentiate the difference between fair market worth and "quick disposition" price to know your likely charge-off liability. At Home Team Appraisals, we have the background in both supplying snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your urgency.

	You need a company who has the training to deal with the unique dynamics of a foreclosure appraisal. Contact Home Team Appraisals for a company you can count on.

Occupants of property in foreclosure could be uncooperative to allowing an inspection of the property, thus presenting special challenges. Sometimes the properties have been vandalized, unfortunately at the hands of the former residents themselves. Or, it's likely you'll find a house at least abandoned or the home languishing in disrepair for extended periods of time.

For a home that has reverted to REO, you probably will want to get rid of it quickly. However, you may want to know and compare the meanings of "as-is", "as repaired", and "quick sale." values. These symbolize: the worth of the property without any repairs performed, with the repairs due to make the home marketable at full market value consistent with the other homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the unique circumstances of a Real Estate Owned home, in addition to the unique data you'll need - competing listings, neighborhood trends, and the like. You can count on Home Team Appraisals to take on the task of your REO with expertise and professionalism. Contact us today.