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Call Ingram Appraisals when you need appraisals for Hughes foreclosures

Ingram Appraisals is the company you should trust when you need appraisals for bank owned properties in South Central Oklahoma

Real Estate in foreclosure and properties that have returned to the lender's possession create unique appraisal challenges.

When dealing with a home in foreclosure, you should ascertain market value versus a "quick disposition" price to analyze your possible charge-off liability. At Ingram Appraisals, we have the experience in both providing snapshots of market value for our mortgage clients, in addition to "quick sale" forecasts that understand your time line.

The professionals at Ingram Appraisals have the training to handle the specific dynamics of a foreclosure appraisal. Contact Ingram Appraisals for a company you can rely on.

Owners of houses in foreclosure might be disinclined to allow an inspection of the house, thus presenting particular challenges. If they abandoned the home already, they may have ignored the care of the house for awhile - or unfortunately, caused damage to the home.

 

For a property that has gone back to Real Estate Owned, you typically will want to get rid of it quickly. In any case, you'll still want to consider three angles for figuring the value of the asset:

  • As Repaired. Possible market value with the repairs needed to make the property marketable at full market value - comparable with competing houses in the area
  • As-is. The value of the house without any repairs done to it
  • Quick sale. With minor investment in repairs - to get rid of the property quickly, likely as a "fixer-upper"
Again, we understand your time line and the unique situation of a bank owned home, in addition to the special information you will need - competing listings, market trends, and so forth. You can rely on Ingram Appraisals to take on the task of your bank owned property with expertise and professionalism. Contact us today.