Call Bernabe & Barnett Appraisals LLC when you need valuations on Forsyth foreclosures

Bernabe & Barnett Appraisals LLC is experienced when you need appraisals for bank owned properties in Forsyth County

Properties in foreclosure and homes that have gone back to the bank's possession create special appraisal challenges.

For a house in foreclosure, you definitely need to recognize the gap between market and a "quick disposition" to know your possible charge-off liability. At Bernabe & Barnett Appraisals LLC, we have the experience in both producing snapshots of market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that consider your urgency.

We have the qualifications to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Bernabe & Barnett Appraisals LLC.

Owners of houses in foreclosureunfortunately can present particular challenges. They might be unwilling to allow an inspection of the property. They could have left the property already and/or neglected care of the home for quite some time - or even worse, caused damage to the property.

For real estate that has changed to Real Estate Owned, you most likely will want to get rid of it quickly. Regardless, you'll still want to consider three ways of looking at the value of the asset:

  • As Repaired. Possible market value with the repairs necessary to make the property marketable at full market value - appropriate with similar properties in the area
  • As-is. The value of the home without any work done to it
  • Quick sale. Somewhere in between, with minor investment in repairs - to sell the property quickly, most likely as a "fixer-upper"
Again, we understand your urgency and the unique circumstances of a Real Estate Owned home, as well as the specific data you will need - competing listings, neighborhood trends, and so forth. You can rely on Bernabe & Barnett Appraisals LLC to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.