![]() Astra Appraisal Services is experienced when it comes to foreclosures in League CityProperties in foreclosure and properties that have gone back to the institution's ownership present various appraisal difficulties. For a home in foreclosure, you should recognize the gap between the fair market value and "quick disposition" worth to know your potential charge-off liability. At Astra Appraisal Services, we have the experience in both producing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your urgency. The professionals at Astra Appraisal Services have the training to handle the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Astra Appraisal Services. Occupants of in foreclosure could be uncooperative to allowing an inspection of the property, thus presenting particular challenges. Sometimes the subjects show signs of vandalism, often at the hands of the former residents. Or, it's common to find nobody has occupied the house for months or the home neglected for long of time. You will be interested in an expedited disposition if the house has reverted to REO. So you might want to understand and review three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs performed, with the work necessary to make the property marketable at full market value appropriate with similar properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the special situation of a Real Estate Owned property, as well as the specific information you will need -- competing listings, market trends, and so forth. You can rely on Astra Appraisal Services to take on the appraisal of your REO professionally and efficiently. Contact us today. |